Rakuten Group, Inc.(OTCMKTS:RKUNY): E-commerce companies are currently witnessing declining traffic and sales as people return to shopping at brick & mortar stores with the reopening of the economy. While Cars.com (CARS) and iMedia Brands (IMBI) possess impressive growth potential given their innovative products and services and substantial market reach, conversely, Rakuten (RKUNY) and Farfetch (FTCH) might suffer declines in the near term due to their weak fundamentals. Let’s discuss.
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