OTC Markets OTCPK - Delayed Quote ? USD Rakuten Group, Inc. (RKUNY) Follow Compare 5.75 -0.25 (-4.17%) At close: November 15 at 9:50 AM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Mizuho to acquire 15% stake in Rakuten Card The share transfer is planned for 1 December 2024. Retail Banker International ? yesterday RKUNY -4.17% MFG Mizuho Financial Group to buy 15% of Rakuten Card for $1 billion Japan's Mizuho Financial Group will take a 15% stake in Rakuten Group subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies' strategic alliance, they said on Wednesday. The two groups agreed late last year for Mizuho to raise its stake in group firm Rakuten Securities to nearly half as Rakuten Group struggled financially, dragged down by its unprofitable mobile network unit. Rakuten said the sale of the Rakuten Card stake would result in a special profit of 159.35 billion yen at the unconsolidated level in the financial year ending in December. Reuters ? 2 days ago RKUNY -4.17% MFG Stress Surfaces as a Common Theme Across Emerging Consumer?Behaviors Data from Rakuten’s latest consumer survey reveals key trends likely to carry over in 2025. WWD ? 3 days ago RKUNY -4.17% Rakuten Reveals Key Consumer Behaviors and Motivators This?Holiday The company’s two reports dig into consumer sentiments on saving and a disconnect between retailers and shoppers. WWD ? 18 days ago RKUNY -4.17% Rakuten Advertising Expands AI-Powered Partnership Discovery to APAC Market with New Brand Search Functionality Rakuten Advertising, the leading global affiliate marketing network, announced the launch of its AI-driven Partnership Discovery solution for advertisers in the Asia-Pacific (APAC) market. This innovative solution, which has already transformed how advertisers find new partners in the US and UK, will empower advertisers in the Rakuten Advertising APAC network to identify the most effective publisher partners for high-performance affiliate campaigns. PR Newswire ? 2 months ago RKUNF 0.00% RKUNY -4.17% Rakuten Advertising Wins "Best Performance Marketing Solution" in 2024 MarTech Breakthrough Awards Program Rakuten Advertising, the leading global affiliate marketing network, today announced that it has won the "Best Performance Marketing Solution" award in the seventh annual MarTech Breakthrough Awards program conducted by MarTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global marketing, sales and advertising technology industry. PR Newswire ? 2 months ago RKUNF 0.00% RKUNY -4.17% Rakuten Slides Most Since May on Fintech Reorganization Delay (Bloomberg) -- Rakuten Group Inc.’s shares slid as much as 6.7% in their biggest intraday drop since May on delays to the Tokyo-based online shopping mall operator’s plans to combine its fintech operations.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysIsrael Says It’s Confirm Bloomberg ? 3 months ago RKUNY -4.17% Rakuten Card rolls out English language app to enhance user accessibility The new Rakuten Card Lite app enables customers to review credit card statements and change payment settings in English Electronic Payments ? 3 months ago RKUNY -4.17% ASCO24: Rakuten’s photoimmunotherapy and Keytruda combo shows efficacy in HNSCC A Phase III trial evaluating Rakuten’s photoimmunotherapy in combination with Keytruda in recurrent HNSCC is planned for H2 this year. Pharmaceutical Technology ? 4 months ago RKUNY -4.17% EXCLUSIVE: Rakuten Launches Invite-only Membership Program for Luxury?Shopping The new Rakuten+ program will bring its cash back incentives to high-value shoppers as the company aims to foster lifelong loyalty. WWD ? 5 months ago RKUNY -4.17% Rakuten Advertising's Affiliate Intelligence Delivers AI-Driven Capabilities to the Affiliate Industry Rakuten Advertising, the leading global affiliate marketing network, revealed product and organizational updates to realize the company's Affiliate Intelligence vision. Focused on expanding the use of data and AI to aid human intelligence, Affiliate Intelligence is an ongoing initiative to stimulate growth in advertiser and publisher relationships with solutions that build on innovative insights and strong industry partnerships to enable exceptional campaign performance. PR Newswire ? 5 months ago RKUNF 0.00% RKUNY -4.17% Rakuten and eBay to trial demand for used Japanese fashion in US The partnership will consider a full-scale launch based on the reaction to the trial. Retail Insight Network ? 5 months ago EBAY RKUNY -4.17% Rakuten, eBay team up to test US market for used Japanese fashion goods Japan's Rakuten Group is partnering with eBay to test U.S. demand for used Japanese fashion goods, made all the cheaper with the yen trading near a 34-year low. The tie-up, which started on May 8 with just seven vendors on Rakuten's second-hand goods unit Rakuma, aims to capitalise on the currency effect and also a move toward bargain hunting as cost-of-living pressures around the world crimp spending. In exchange for commissions on sales, eBay lists Rakuma's selected goods for sale on its site, while a Rakuten-contracted vendor handles shipping and customer service in the U.S. Reuters ? 5 months ago EBAY RKUNY -4.17% Rakuten logs 15th quarter of losses on mobile woes despite record financial unit profit TOKYO (Reuters) -Japan's Rakuten on Tuesday logged its fifteenth consecutive quarter in the red as losses at its mobile service network unit outweighed a record performance from its financial unit. Its financial unit which offers online banking, brokerage, credit card and insurance services, logged an operating profit of 39.3 billion yen, up 47% from a year earlier, as its customer base grew. Rakuten has offered generous joining bonuses for new customers, who gain further discounts and perks across the other services in Rakuten's ecosystem, helping generate subscriber growth but limiting the unit's profits. Reuters ? 5 months ago RKUNY -4.17% Telecom Tycoons Feel Pain From Rising Mobile Woes (Bloomberg) -- Billionaires who built their fortunes rolling out wireless networks when debt cost almost nothing are seeing their wealth crimped by higher borrowing costs and caution among money managers on the outlook for the industry.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Bloomberg ? 6 months ago RKUNY -4.17% BX Rakuten’s Costly Junk Bonds Signal Challenge for Japanese Billionaire Mikitani (Bloomberg) -- After five straight years of losses, billionaire Hiroshi Mikitani’s Rakuten Group Inc. is trying to bounce back from a move into mobile that cost it billions of dollars. Doing so is proving expensive.Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarChina Tells Iran Cooperation Will Last After Attack on IsraelApple Faces Worst iPhone Slump Since Covid as Rivals RiseTes Bloomberg ? 7 months ago RKUNY -4.17% Radcom (RDCM) Renews Collaboration With Rakuten Mobile Radcom (RDCM) expands its partnership with Rakuten Mobile to include AI-powered comprehensive network analytics along with existing solutions. Zacks ? 7 months ago RDCM RKUNY -4.17% ANET Rakuten Group aims to integrate bank, fintech units TOKYO (Reuters) -Rakuten Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across areas from online banking and credit cards to securities and insurance. Rakuten Group and Rakuten Bank entered into a memorandum of understanding on the re-organisation, which is set to take effect in October, the companies said in statements. Rakuten Bank would continue to be listed on the Tokyo exchange after the integration, they added. Reuters ? 7 months ago RKUNY -4.17% 15 Best eBay Alternatives to Try in 2024 In this article, we will take a look at the 15 best eBay alternatives to try in 2024. If you want to skip our detailed analysis, you can go directly to 5 Best eBay Alternatives to Try in 2024. Why is eBay a Go-To Choice Among Sellers? eBay Inc. (NASDAQ:EBAY) is a multinational e-commerce platform […] Insider Monkey ? 8 months ago EBAY TGT WMT Oil inches down as US inflation data, rising OPEC output weigh NEW YORK (Reuters) -Oil prices edged lower on Thursday as U.S. inflation data implied a softening of the world's biggest economy that could weaken crude demand, with rising OPEC production also weighing on prices. The Federal Reserve's preferred inflation gauge, the U.S. personal consumption expenditures (PCE) index, showed January inflation in line with economists' expectations, keeping a June interest rate cut on the table. Reuters ? 8 months ago RKUNY -4.17% Performance Overview Trailing total returns as of 11/15/2024, which may include dividends or other distributions. Benchmark is Nikkei 225 Return RKUNY Nikkei 225 YTD +28.06% +15.48% 1-Year +58.84% +15.28% 3-Year -44.07% +29.78%
