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RKUNF / Rakuten shares jump as mobile losses narrow

Rakuten shares jump as mobile losses narrow
Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances that it can cover its debt burden for the next financial year. Read More
Posted: Aug 13 2023, 22:01
Author Name: Reuters
Views: 112355

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Rakuten shares jump as mobile losses narrow

By Reuters
August 13, 2023

Rakuten shares jump as mobile losses narrow

Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongsid more_horizontal

Rakuten Bank Sees Edge Over Rivals

By Bloomberg Markets and Finance
August 7, 2023

Rakuten Bank Sees Edge Over Rivals

Rakuten Bank is better positioned than rivals to enjoy a profit boost when the Bank of Japan eventually ends its negative interest-rate policy, says C more_horizontal

Rakuten: Consider Portfolio Restructuring And Mobile Business Outlook

By Seeking Alpha
July 11, 2023

Rakuten: Consider Portfolio Restructuring And Mobile Business Outlook

I am positive on Rakuten Group, Inc.'s recent portfolio restructuring moves, which I think could narrow the valuation discount assigned to the company more_horizontal


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