Rakuten wesentlich besser als Rocket
October 11, 2023
https://blog.rakutenadvertising.com/...liate-insights-for-publishers/
PUBLISHED MON, SEP 25 20239:14 PM EDT
KEY POINTS
Secondhand goods marketplace Carousell expects to reduce its losses this year as it capitalizes on the recommerce opportunity.
“We feel confident that we can actually continue to generate healthy growth towards this very meaningful direction of recommerce growth,” co-founder and CEO Quek Siu Rui told CNBC.
The Singapore-based firm was founded in 2012 as an online classified advertisements marketplace where users can list and sell their used goods for money.
https://www.cnbc.com/2023/09/26/...-set-to-reduce-losses-in-2023.html
To support its E-commerce business, Rakuten Group established a financial services division to provide mobile payments, credit cards, consumer loans, and other related services. Later on, the financial business spreads to banking, securities, and insurance. Owing to its fast-growing e-commerce business, Rakuten marked a robust result in financial services, with revenue rising by 7.2% YoY to JPY 0.6 trillion and operating profit growing by 10.8% YoY to JPY 98.7 billion.
Over the long term, given a less than 80% coverage ratio for E-commerce in Japan by the end of 2022, we believe Japanese E-commerce could be able to remain a high growth rate in the years ahead and continue to be bullish on Rakuten’s E-commerce and Financial service segments, which are expected to grow at a double-digit rate.
https://www.bondsupermart.com/bsm/article-detail/...ctive-RCMS_275601
Viber’s free offering for small and micro businesses was inspired by its successful Viber Business Accounts product for enterprise-sized-level companies. In 2023, Viber recorded a 26 percent increase in business accounts created and a 31 percent year-over-year increase in delivered business messages.
New features include:
• Public business profile: Businesses can create a public, searchable business page featuring all essential information. The profile can be shared with customers inside the app or even with people who are not Viber users yet.
• 1:1 customer chats: Businesses can respond to customer requests right away over instant messaging.
• Discoverability through Viber search: Businesses can find and retain loyal customers on their preferred day-to-day conversations app where customers can discover local products and services by searching for the business name or category.
• Dedicated chat folders: Businesses can conveniently store customer messages separately from personal messages with family and friends. Users will also have easy access to a separate Business Inbox folder for storing their conversations with businesses.
• Product catalog: Business owners can effortlessly add new products or services to their business page's catalog. Customers can explore and inquire about the items by sharing the link to the product directly in the chat.
https://global.rakuten.com/corp/news/update/2023/1010_01.html
Mobile Experts hits an accurate Open RAN forecast three years in a row
CAMPBELL, Calif., Oct. 5, 2023 /PRNewswire/ -- Mobile Experts recently released market analysis of the Open RAN market with a total revenue of $1.6 billion in 2022. The numbers of Open Radio Units (O-RUs) shipped in 2022 and 2023 came out only 8% different than the forecast released by Mobile Experts three years ago.
The new 46-page report, Open RAN 2023, provides a detailed breakdown of hardware and software in both telco markets and private cellular markets through 2028. In particular, the radio hardware, CU/DU servers, DU/DU software, RIC, and xApp/rApp software are broken down in great detail to illustrate exactly how the Open RAN market will migrate from greenfield deployment to complex networks.
https://www.tmcnet.com/usubmit/...-ran-market-/2023/10/05/9893534.htm
Monday 16th October 2023 12:05 AM
Communication quality is a concern, but research company Opensignal investigated the communication quality of four carriers and found that the 4G download speed was lower than the average of the three carriers, but the 4G upload speed, 5G download speed, and upload speed Rakuten Mobile’s results were higher than the average of the three carriers.
https://japan.postsen.com/business/102461/...0%93-ITmedia-Mobile.html
Rakuten Advertising Unveils CTVision+, its CTV Content Marketplace Reaching Millions of European Streamers
16 Oct, 2023, 09:00 BST
LONDON, Oct. 16, 2023 /PRNewswire/ -- Rakuten Advertising has launched CTVision+, a new Connected TV (CTV) portfolio of premium content and brand-safe advertising inventory from top-tier European CTV publishers. From riveting dramas to adrenaline-pumping sports events, CTVision+ will empower advertisers to showcase their brand messages at scale alongside a wide variety of captivating content—all accessible by a white glove service from experienced Rakuten Advertising media experts. CTVision+ is initially available in the UK and will debut soon in other parts of Europe.
CTVision+ offers a one-stop shop for CTV ad buyers to navigate a fragmented industry and deliver results in a brand-safe environment. Agencies and media buyers can leverage Rakuten Advertising's local strategic specialists to plan and buy CTV ad inventory using advanced audience-targeting capabilities across a curated range of publishers in the CTVision+ ecosystem.
Additionally, CTVision+ delivers premium inventory alongside high quality content from trusted CTV brands, including Samsung TV Plus, Virgin Media, Filmzie, LoveTV Channels, and wedotv. This is in addition to advertising inventory from Rakuten's owned and operated platform, Rakuten TV, which has long established itself as an effective advertising channel for top brands thanks to its 500+ FAST TV channels and vast on-demand library of premium movies and series.
"Rakuten Advertising has been an excellent partner of ours, and their top-tier services and expert insights have been invaluable," says Mitchell Cocker, Strategy Director at Guerillascope. "We're excited to see how CTVision+ expands on those services and helps us make the most of Rakuten Advertising's full portfolio of premium media inventory."
With the launch of CTVision+ in the UK, Rakuten TV inventory is now only available as part of the new CTVision+ rate card from Rakuten Advertising.
https://www.prnewswire.co.uk/news-releases/...treamers-301955843.html
https://japan.postsen.com/business/102461/...0%93-ITmedia-Mobile.html
that the Non-GAAP operating losses decreased with 51% more than a half from Q2/22 to Q2/23
that the IFRS Operating losses decreased 43% from Q2/22 to Q2/23
that the EBITDA changed from negative 16.7 billion JPY to positive 33.6 billion JPY – extreme positive for the development of the cash flow (the extreme high deprecation of the mobile sector reduce the incomes, but not the cash – the pay for investment were done in the past)
FY2023 Second Quarter Consolidated Financial Results Appendix
August 10, 2023 Rakuten Group, Inc.
( JPY bn, rounded ) Q2/22 Q2/23 YoY
Revenue 453.2 497.2 +9.7%
Non-GAAP Operating Income (Losses) -80.4 -39.4 +41.0
IFRS Operating Income (Losses) -85.5 -48.9 +36.7
EBITDA -16.7 33.6 +50.3
https://global.rakuten.com/corp/investors/
OCTOBER 17, 2023
Ex-Rakuten Symphony boss Tareq Amin (pictured) told Mobile World Live he has joined Saudi oil company Aramco to take the helm of its recently-created enterprise digital technology unit.
Amin confirmed his new position after he teased he had taken a Saudi Arabia-related job on social media platform X over the weekend, stating he was excited to be contributing to the “incredible push for a digital revolution” in the country.
Amin then told MWL he had joined Aramco, one of the biggest companies in the world by market cap, taking over as CEO of its digital unit which was formed in January this year as part of a move by the oil giant to diversify its operations.
The unit has outlined intentions to tap into AI and emerging technologies, while also hinting at the deployment of private 5G networks following an MoU with Samsung.
It has been more than two months since Amin departed as CEO of software platform offering Rakuten Symphony, a role he held for more than a year.
Before that, he was CTO of Rakuten Mobile, the open RAN pioneer which became the first mobile operator to build an end-to-end virtualised telecoms infrastructure.
https://www.mobileworldlive.com/network-tech/...audis-aramco-digital/
October 3, 2023
The Rakuten Advertising International Collective (RAIC) aims to showcase the strategies and steps that will elevate your affiliate thinking, giving you the tools to outthink the market and deliver campaigns that outperform for your business. In our latest post, Dave Trolle, founder of digital consultancy and Affiliate Marketing specialists Customer First Digital, introduces some of the most common myths surrounding affiliate marketing and how to bust them. Stay tuned for part two from Dave in the coming weeks!
https://blog.rakutenadvertising.com/...ing-affiliate-marketing-myths/
Rakuten Viber to further develop solutions for businesses
Wednesday, Oct 18, 2013
On the same day, Rakuten Viber's senior management showcased the business offerings of the world-renowned app.
Company’s team discussed Viber's global and local presence, its growing audience, and Viber for Business solutions for effective and convenient communication between brands and consumers.
The company said that Viber is well-placed to help Vietnamese businesses make the most of these trends with its growing payable audience in Vietnam where the app saw an astounding 642 per cent spike in private calls, 24 per cent growth in messages exchanged in channels, and a 12 per cent increase in private messages during the first half of 2023.
Being used by more than 20,000 brands worldwide, Viber for Business offers advertising solutions, messaging solutions, forthcoming business calls and an OTP solution.
The Viber for Business ecosystem helps brands solve their business needs by building brand awareness and generating new leads to boost sales, increase ROI and effectively foster customer loyalty.
http://bizhub.vn/tech/...develop-solutions-for-businesses_349128.html
10.10.2023
Business Roadshow: Viber rolls out new features that can help small businesses in the Philippines.
https://www.youtube.com/watch?v=TljhG6HoK4M
This year, at GITEX, we will be collaborating with our customers and partners who will be showcasing a range of products and solutions at their respective booths. Our partners include OEMs, ISVs, CSPs and are aligned with Intel’s five superpowers which are compute, pervasive connectivity, cloud to edge infrastructure, artificial intelligence and sensing.
At GITEX, we will be collaborating with a range of strategic partners within our ecosystem. Visitors will be able to find Intel at Cisco, Dell, Disrupt X, Etisalat, HPE, Lenovo, Rakuten Symphony, SAS, VMware, XFusion and others.
https://www.intelligentcio.com/me/2023/10/15/gitex-2023-preview-intel/
Published by C. Diep, Aug 10, 2023
In the second quarter of 2023, the Rakuten Group's internet finance operating profit exceeded 33 billion Japanese yen, representing an increase by over 31 percent compared to the income recorded in the same period of the previous year. This income was generated primarily through Rakuten Card, Rakuten Bank, Rakuten Securities as well as Rakuten e-money "Edy" among others.
https://www.statista.com/statistics/223368/...nance-operating-profit/
At ShopBack‘s flagship merchants’ summit Spark 2023 today (July 6), Senior Minister of State, Ministry of Communications and Information, Tan Kiat How, spoke on the tech and startup industries in Singapore.
Often touted as the ‘Silicon Valley of Asia‘, Singapore has a robust startup community and is home to over 400 venture capital companies and about 4,000 tech startups, including ShopBack.
According to SMS Tan, startups like ShopBack are an integral part of the city-state’s vibrant tech industry, which is one of the fastest-growing sectors of Singapore’s economy.
“In fact, Southeast Asia is the fastest growing Internet economy in the world today,” he added.
In fact, ShopBack managed to drive S$5 billion in sales for its partners in 2022.
https://vulcanpost.com/832574/...ack-drive-singapore-economic-growth/
https://www.commsupdate.com/articles/2023/08/10/...take-remains-weak/
Spanish ride-hailing firm Cabify has reported a jump in its annual gross revenue and profit, according to data published by the company.
The Madrid-headquartered company, which is active across Latin America, said it recorded gross revenue of $688 million in 2022 with a gross profit of $79 million.
Revenue for the year is up 32% compared to 2021, when most of the company’s operations were still affected by the COVID-19 pandemic.
Cabify said that in 2022, it sees 91 million rides on the platform, up 28% year-on-year, indicating a return to normalcy among consumers.
The company did not publish net income figures but said it maintained a “path to profitability”.
https://biz.crast.net/cabify-sees-revenue-soar-as-ride-volumes-return/
Rakuten Symphony talks Open RAN benefits and bringing radio disaggregation to brownfield network environments
In the recent Open RAN Global Forum, available on demand, Rakuten Symphony Chief Business Officer Rabih Dabboussi reflected on the why and how of the approach in Japan, and what he sees driving adoption of Open RAN in the larger brownfield network market.
In terms of why Rakuten Mobile elected to go with Open RAN, Dabboussi highlighted three main drivers. First, he said because Rakuten Mobile was entering a market with three established incumbent operators, they need a more advantageous cost structure focused on TCO reduction to gain a competitive edge. Second, given Rakuten Group’s large reach into things like e-commerce, financial services, travel, entertainment and more, mobile fit into a larger data-driven platform strategy. And third, “We don’t believe in a building a huge organization to keep the lights up…The adoption of a software-centric, highly programmable network leveraging highly optimized cost compute and storage and network systems.
https://www.rcrwireless.com/20230926/open_ran/...te-open-ran-adoption
Viber Plus is now available for all users in the following countries: Egypt, Belgium, New Zealand, Ireland, UK, USA, France, Canada, Vietnam, Philippines, Australia, Kuwait, Sweden, Switzerland, Czech Republic, and India.
Users in other countries keep an eye out for when it reaches your country.
Viber Plus is a monthly subscription only available from your Viber app.
Subscribing is easy, simply tap the More button at the bottom of your Viber screen > Choose Viber Plus > and hit subscribe. Payment is handled through your app store, and the subscription can be canceled any time, also from your app store.
https://www.viber.com/en/blog/2023-10-04/introducing-viber-plus/
Rakuten Symphony talks Open RAN benefits and bringing radio disaggregation to brownfield network environments
In the recent Open RAN Global Forum, available on demand, Rakuten Symphony Chief Business Officer Rabih Dabboussi reflected on the why and how of the approach in Japan, and what he sees driving adoption of Open RAN in the larger brownfield network market.
In terms of why Rakuten Mobile elected to go with Open RAN, Dabboussi highlighted three main drivers. First, he said because Rakuten Mobile was entering a market with three established incumbent operators, they need a more advantageous cost structure focused on TCO reduction to gain a competitive edge. Second, given Rakuten Group’s large reach into things like e-commerce, financial services, travel, entertainment and more, mobile fit into a larger data-driven platform strategy. And third, “We don’t believe in a building a huge organization to keep the lights up…The adoption of a software-centric, highly programmable network leveraging highly optimized cost compute and storage and network systems.
https://www.rcrwireless.com/20230926/open_ran/...te-open-ran-adoption