Rakuten wesentlich besser als Rocket
Look Out Amazon, Here Comes...Rakuten?
Japanese e-commerce firm Rakuten announced on Tuesday it is acquiring Ebates for $1 billion.
The acquisition, which Rakuten hinted at last week, is part of the Japanese company’s push to grow its base beyond its domestic market and hopefully, become a global player. Having made some $1.2 billion acquisitions to date along these lines, this is Rakuten’s most ambitious move to date.
However, investors are dubious that the company can absorb yet another foreign acquisition, much less one the size of Ebates, despite Rakuten’s strong cash position.
Then there is the ever-present Amazon, which dominates the e-commerce market in the U.S. Few believe it will falter in the face of Chinese giant Alibaba, much less a Rakuten-Ebates combo.
Rakuten Goes Forth
Not surprisingly, Rakuten says it is undaunted. For starters, it has assembled a very interesting mix of acquisitions. There is messaging app Viber, which it purchased for $900 million in February, the Canadian ebook offering Kobo, Spanish video service Wuaki.tv, Viki, a digital content platform and Buy.com.
Now it has picked up Ebates.
http://www.forbes.com/sites/erikamorphy/2014/09/...ere-comes-rakuten/
April 18, 2024
JD Sports & Rakuten Advertising | Leveraging Sneakerhead Community to Boost Authenticity
For over five years, JD Sports and Rakuten Advertising have prioritised affiliate marketing to foster brand awareness and equity. This year, their focus was on engaging sneakerheads authentically, catering to their passion for athletic footwear. Leveraging full-funnel partnership initiatives, they amplified JD Sports' identity and ON Running sub-brand, targeting trend-leading segments like Gen Z and diverse communities.
As a challenger brand in the US market, they differentiated themselves by emphasising inclusivity and authenticity. Collaborating with underrepresented creators and integrating with leading BNPL partners, Rakuten enriched brand experiences and drove significant YoY incremental sales growth. Special events, UGC development, and regional retail activations further strengthened JD Sports’ brand presence and community engagement.
https://hellopartner.com/2024/04/18/uspa-winner-template-copy/
March 11, 2024
On this episode of The Six Five - On the Road, hosts Daniel Newman and Patrick Moorhead welcome Dominique Vanhamme, ED CommSP Segment, Infrastructure Solutions Group at Lenovo and Mehran Hadipour, VP Global Alliances, Rakuten Symphony Inc. (A Rakuten Group Company). Their conversation delves into the future of AI at the edge and how their newly announced solutions are set to revolutionize the adoption and integration of AI in businesses. Their discussion covers: The synergy between Lenovo and Rakuten Symphony, highlighting the collaboration's objectives and the role of Lenovo's newly announced solutions in advancing AI integration in businesses. Understanding the appeal of Lenovo and Rakuten Symphony for companies seeking AI at the edge solutions, and why they stand out in the marketplace. Insights into customer needs and pain points that inspired the joint solutions by Lenovo and Rakuten, along with the anticipated value these solutions will provide to customers. Predictions around the evolution of the telecommunications sector and Lenovo's strategic position within that transformation.
https://www.youtube.com/watch?v=vi93fb6wiUw
https://www.jcr.co.jp/download/...70883dc881c4a14f90210/24d0022_f.pdf
By Keith Dyer 18 March 2024
Elbaz said, “We keep talking about Open and Cloud RAN the excitement of the architecture – but real life is building the network. For a network of our size, nationwide across north America, that takes a lot of effort and planning. We were at the point in that process of site build and design that required us traversing several systems, many of them out there for several years. Rakuten Symphony said they could introduce agility and capabilities in that space, and we said let’s see what we can do – and to our great surprise we have made a lot of progress.”
Elbaz said that AT&T has achieved in 18 months progress that would normally take three to five years in a project of this sort Rakuten Symphony’s Site Manager is now deployed as the deployment and construction tool in all AT&T’s markets, and there are now upwards of 7,000 users of the software within its own and contractor construction teams.
“There has been a lot of benefit already in the migration from the old systems to the new system. We’re adding all kinds of digitalisation of our sites, including through drone, and everything is fed up into systems giving access not only to our designers but also to third party vendors. Everybody has access to the same view.”
“We’re very excited about this and are thinking about where else we can extend that capability in other parts where we are doing engineering and build,” Elbaz added.
https://the-mobile-network.com/2024/03/...d%2520RAN%2520architecture.
Opensignal’s April 2024 Mobile Network Experience Report names Rakuten Mobile a leader among Japan’s mobile operators in five network performance categories
Tokyo, April 25, 2024 - Rakuten Mobile, Japan’s newest and most modern mobile network, is recognized by Opensignal, global provider of network experience and market performance insights, as the country’s leading mobile network service provider across five network performance areas.
Opensignal’s April 2024 Mobile Network Experience Report shows Rakuten Mobile as Japan’s leader in the Games Experience, 5G Upload Speed, 5G Download Speed, Upload Speed Experience and Voice App Experience categories.
https://corp.mobile.rakuten.co.jp/english/news/...20240425_01_lang_en
In a situation where there have been concerns about the large amount of corporate bonds due for redemption in FY2024 and FY2025, the Company issued USD-denominated senior notes in February 2024 to purchase foreign bonds maturing in 2024 while also announcing the offer to purchase yen denominated bonds scheduled to mature in or after 2024. Moreover, it issued USD 2 billion in USD denominated senior notes due 2029 on April 10, 2024, which, together with the bonds to be issued as detailed below, will be used for the redemption/repurchase of the senior notes maturing in or after 2024. Meanwhile, the Company announced the reorganization of the FinTech business on April 1, 2024, which JCR assumes will contribute to financial improvement to a certain extent.
https://www.jcr.co.jp/download/...70883dc881c4a14f90210/24d0022_f.pdf
I believe, the SEC should take a look at such criminal manipulations.
https://www.stockinvestor.com/60313/...ke%2520Bolt%2520or%2520Cabify.
Rakuten has the biggest ownership on Cabify.
April 01, 2024
In the final session at the Rakuten Booth Theater, join Ryan Son, President of the Internet Services Business Unit at Rakuten Symhpony as he introduces 3 key internet services that enhance enterprise work efficiency and productivity - Rakuten Cpaas, Rakuten Drive and SendAnywhere.
https://www.youtube.com/watch?v=t65_wnTWjaQ
April 01, 2024
In this session we hear from Hiren Joshi, Head of Telecom Business Applications & IT Systems at Rakuten Mobile about how Rakuten Mobile has embarked on a unique journey to transition from plan to build to operate and now to optimize in it’s operational journey.
https://www.youtube.com/watch?v=tTEFYOONBI0
24 APR, 2024
https://www.theolivepress.es/spain-news/2024/04/...0of%2520transport.
BY DYLAN MARTIN
MARCH 29, 2024, 01:00 PM EST
In an interview with CRN, Intel’s Jason Kimrey says the Intel Partner Alliance Partner of the Year Awards recognize those are who not only driving revenue growth but who are also building innovative solutions and business models on top of embracing the chipmaker’s AI strategy.
Japan-based Rakuten Symphony won the edge award “for catalyzing the industry’s shift toward higher levels of automation, simplification and industrialization in network operations with Symware 2.0, powered by fourth-gen Intel Xeon Scalable processors with Intel vRAN Boost and Rakuten’s Cloud Native Orchestrator, with Intel vRAN Boost,” the company said.
https://www.crn.com/news/components-peripherals/...rowth-embracing-ai
April 16, 2024
Rakuten Securities, Inc. today announced that its general securities accounts have surpassed 11 million.
The milestone signifies the fastest increase in new accounts since the company’s founding, with 1 million accounts opened since reaching the 10 million mark around four months ago in December 2023.
The Nippon Individual Savings Account (NISA) program, which was significantly updated and revamped in 2024, has sparked considerable interest in investing in Japan. With more people beginning to use NISA as a first step in their asset-building journey, Rakuten Securities is dedicated to providing services that satisfy diverse customer needs.
The company is leading the industry by raising the upper limit for regular investment trust payments made with Rakuten Card from 50,000 yen to 100,000 yen and is currently implementing various campaigns to help customers take advantage of Rakuten Securities’ NISA program.
https://fxnewsgroup.com/forex-news/retail-forex/...customer-accounts/
Rakuten Bank's value of deposits 2015-2024
Published by Statista Research Department, Apr 16, 2024
As of March 2024, the value of deposits at Rakuten Bank, Ltd. amounted to around 10.5 trillion Japanese yen. Rakuten Bank, Ltd. is a Japanese online bank that is part of the Rakuten Group.
https://www.statista.com/statistics/1230753/...ank-value-of-deposits/
Thanks to steady growth in e-commerce penetration, industry advancement driven by the evolution of generative AI, and the contribution of cross-border e-commerce and local policies to the development of the market, the Japanese e-commerce market, which ranks among the world's top 5 in scale and is approximately ten times larger than Taiwan's, continues to exhibit stable growth.
The 'F.A.S.T.' (Fintech First, AI in E-Commerce, Safe & Secure Shopping, and Trading & Transformation) trend emerging from how major Japanese e-commerce players - including Amazon Japan, Rakuten, and LY Corporation - adapt to market changes and maintain their operational and growth objectives can serve as a valuable reference for e-commerce players worldwide when it comes to future strategic planning.
https://www.globenewswire.com/en/news-release/...-LY-Corporation.html
Rakuten wird voraussichtlich am 14.05.2024 die Bücher zum am 31.03.2024 abgelaufenen Jahresviertel öffnen.
In Sachen EPS geht 1 Analyst von einem Verlust von -0,127 USD je Aktie aus. Im vergangenen Jahr hatte Rakuten noch -0,381 USD je Aktie verloren.
Gegenüber dem Vorjahreszeitraum soll Rakuten in dem im März abgelaufenen Quartal Umsatzeinbußen von 3,62 Prozent erzielt haben. Den Umsatz sehen 8 Analysten durchschnittlich bei 3,37 Milliarden USD. Im Vorjahresviertel waren noch 3,49 Milliarden USD in den Büchern gestanden.
Insgesamt erwarten 14 Analysten für das aktuell laufende Fiskaljahr einen durchschnittlichen Verlust von -0,269 USD je Aktie, gegenüber -1,260 USD je Aktie im Vorjahr. Den Jahresumsatz setzen 14 Analysten durchschnittlich auf 14,94 Milliarden USD fest. Im Vorjahr waren noch 14,73 Milliarden USD in den Büchern gestanden.
https://www.finanzen.at/nachrichten/aktien/...-quartal-vor-1033297466
Der Umsatzrückgang in USD resultiert aus der Yen-Abwertung. Im zweiten oder dritten Quartal wird nach meiner Schätzung das EPS wieder positiv auch das gesamte EPS für 2024.
28 April 2024 By Michael Kozlowski
https://goodereader.com/blog/electronic-readers/...ra-colour-e-reader
High ambitions
By Caroline Boey
Posted on 29 April, 2024 17:57
Munekatsu Ota, CEO of global travel commerce platform Rakuten Travel Exchange (RTX) and vacation rental model Rakuten Stay (RS), is propelling expansion of the Japanese brand, which means optimism, in South-east Asia and beyond.
What should our readers in the region, outside of Japan, know about RTX and RS?
RTX started as a B2B wholesales business in Singapore four years ago providing hotel, ryokan and vacation rental inventory to more than 1,000 OTA clients in 90 countries, primarily in China, South-east Asia, Australia and the US.
Within the Rakuten ecosystem, RTX serves as a global inventory platform for hotels and vacation rentals, playing a pivotal role in enhancing global transactions for Rakuten Travel (RT).
The primary focus of RTX is to boost inbound and outbound travel and global transactions, supporting RT’s operations in and outside Japan.
RS is a new type of real estate accommodation model featuring large spaces, designed by and owned by Rakuten. It is fully unmanned, using technology, and suitable for groups of between eight and 10 people. The idea was conceptualised during the pandemic lockdown.
There are around 600 RS accommodation and the aim is to grow to 10,000, mainly in Japan, but also in Hawaii, Singapore, Thailand, Vietnam and other parts of South-east Asia – we are preparing a private fund and inviting investors.
In addition, Rakuten Travel Experiences (RTE) is a concierge service providing sightseeing, exercise, activity and restaurant recommendation content and the next step is to create a seamless RS and RTE connection by next year.
https://www.ttgasia.com/2024/04/29/high-ambitions/
Recorded at FutureNet World on the 17th of April 2024
https://futurenetworld.net/autonomous-networks/...world-2024/2024/04/