Tokyo - Delayed Quote JPY

Rakuten Group, Inc. (4755.T)

887.30

+3.60

+(0.41%)

As of 10:19:06 AM GMT+9. Market Open.

Japan's Rakuten to invest at least $100 million in India, increase hiring, top executive says

(Reuters) -Japan's Rakuten aims to invest at least $100 million and increase its headcount by 8% in India this year to strengthen its global operations, a top executive of the internet conglomerate told Reuters. Rakuten plans to invest "at least three digit millions dollars" to scale up technology, infrastructure and hiring, Rakuten's India CEO Sunil Gopinath said, without specifying the exact amount. Rakuten currently employs 4,000 people in India - 90% of whom are tech staff - and plans to recruit people who it considers "power users" of AI.

Reuters 8 days ago

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Mizuho and Rakuten's advisory venture targets $360 million in assets by 2029

TOKYO (Reuters) -The financial advisory joint venture of the securities arms of Mizuho Financial Group and Rakuten Group is aiming to reach 50 billion yen ($357 million) in customer assets in its first five years of operations, its chief executive said. The venture is tapping into growing demand for wealth management services in Japan as inflation eats into savings and the government encourages investment of household assets, of which around half lie in cash and deposits. Recent market volatility has also helped attract customers, Mirai Wealth Partners chief executive Masaki Shindo told Reuters in an interview.

Reuters 16 days ago

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Allot Ltd. (ALLT) Helps Rakuten Mobile with AI-Powered Network Protection

We recently published a list of Top 8 AI News Updates Investors Should Not Miss. In this article, we are going to take a look at where Allot Ltd. (NASDAQ:ALLT) stands against other top AI news updates investors should not miss. The global AI industry is growing at a rapid pace but a looming deadline […]

Insider Monkey last month

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Rakuten Card aiming for 100 billion yen profit, eyes 1,100 trillion yen B2B market

Japan's largest credit card company, Rakuten Card, is aiming to almost double its annual operating profit to 100 billion yen ($663.7 million) in the medium term and sees opportunity in expanding into the largely untapped business-to-business payments market, its new chief executive officer said. Although Japan's shrinking population is hitting demand in much of the domestic economy, the credit card and payments markets are a rare growth area as digitalisation of financial services booms in what was once a cash-dominated economy. Rakuten Card, which can only be applied for online and is part of Rakuten Group - an e-commerce and financial services conglomerate - has ridden this wave to issue more than 30 million credit cards to date and booked an operating profit of 62.1 billion yen in 2024, up more than 20% on 2023.

Reuters last month

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Why IonQ Stock Is Surging Higher Today

Shares of quantum computing company IonQ (NYSE: IONQ) were rising this morning after Japanese online brokerage firm Rakuten Securities disclosed in an SEC filing that it recently purchased 90,000 shares of IonQ's stock. IonQ's share price is likely also getting a bump after it announced yesterday that its quantum networking patent portfolio has reached nearly 400 granted or pending patents following a recent acquisition. Both bits of news sent IonQ's shares up by 12.4% as of 11:57 a.m. ET.

Motley Fool last month

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Stocks to watch this week: BP, Barclays, NatWest, AirBnB and Lyft

Earnings preview of key companies reporting next week and what to look out for.

Yahoo Finance UK 2 months ago

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Rakuten Advertising Partners with Marcode to Protect Against Affiliate Fraudsters

Rakuten Advertising, the leading affiliate marketing network, announced a partnership with Marcode to safeguard its network against link hijackers. With the help of Marcode's Brand Protection module, Rakuten Advertising will better protect brand keywords in Rakuten Advertising's publisher network from link hijackers, fraudsters, and trademark infringers.

PR Newswire 3 months ago

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Rakuten Scraps Plan to List Securities Unit on Tokyo Bourse

(Bloomberg) -- Rakuten Group Inc. said it no longer plans to list its securities arm on the Tokyo Stock Exchange, and will instead focus on deepening its partnership with Mizuho Securities Co.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityState Farm Seeks Emergency California Rate Hike After LA FiresWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Resh

Bloomberg 3 months ago

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Rakuten doses first patients in multi-continental Phase III HNSCC trial

The trial builds off the company’s previous Phase Ia/II trial that saw an estimated survival rate of 52.4% at 24 months in HNSCC patients.

Clinical Trials Arena 3 months ago

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Rakuten Billionaire Defends Costly Mobile Foray With Big AI Bet

(Bloomberg) -- Rakuten Group Inc.’s chief dismissed skeptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecom arm is central for future growth through artificial intelligence.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrec

Bloomberg 3 months ago

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Rakuten Advertising Reveals 2024 Cyber 5 Shopping Trends

Rakuten Advertising, the leading global affiliate marketing network, reported its 2024 Black Friday and Cyber Monday online shopping trends, revealing shoppers bought more while spending less this holiday season.

PR Newswire 5 months ago

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Mizuho Bank to merge with Defined Contribution Plan Services

After the merger, Mizuho Bank will retain its trade name, headquarters, leadership title, business activities.

Retail Banker International 5 months ago

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Mizuho to acquire 15% stake in Rakuten Card

The share transfer is planned for 1 December 2024.

Retail Banker International 5 months ago

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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 5 months ago

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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 6 months ago

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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 7 months ago

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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 8 months ago

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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 9 months ago

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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 9 months ago

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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 10 months ago

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Performance Overview

Return	4755.T	Nikkei 225 (^N225)
YTD	+3.31%	-6.40%
1-Year	+12.23%	-1.92%
3-Year	+3.62%	+41.88%

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Rakuten Group, Inc. (4755.T)

Japan's Rakuten to invest at least $100 million in India, increase hiring, top executive says

Mizuho and Rakuten's advisory venture targets $360 million in assets by 2029

Allot Ltd. (ALLT) Helps Rakuten Mobile with AI-Powered Network Protection

Rakuten Card aiming for 100 billion yen profit, eyes 1,100 trillion yen B2B market

Why IonQ Stock Is Surging Higher Today

Stocks to watch this week: BP, Barclays, NatWest, AirBnB and Lyft

Rakuten Advertising Partners with Marcode to Protect Against Affiliate Fraudsters

Rakuten Scraps Plan to List Securities Unit on Tokyo Bourse

Rakuten doses first patients in multi-continental Phase III HNSCC trial

Rakuten Billionaire Defends Costly Mobile Foray With Big AI Bet

Rakuten Advertising Reveals 2024 Cyber 5 Shopping Trends

Mizuho Bank to merge with Defined Contribution Plan Services

Mizuho to acquire 15% stake in Rakuten Card

Mizuho Financial Group to buy 15% of Rakuten Card for $1 billion

Rakuten Reveals Key Consumer Behaviors and Motivators This Holiday

Rakuten Advertising Expands AI-Powered Partnership Discovery to APAC Market with New Brand Search Functionality

Rakuten Advertising Wins "Best Performance Marketing Solution" in 2024 MarTech Breakthrough Awards Program

Rakuten Slides Most Since May on Fintech Reorganization Delay

Rakuten Card rolls out English language app to enhance user accessibility

ASCO24: Rakuten’s photoimmunotherapy and Keytruda combo shows efficacy in HNSCC

Performance Overview