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Rakuten Shares Jump by Up to 16% After Mobile Unit Cuts Losses

(Bloomberg) Rakuten Group Inc. gained its most in almost three years after losses narrowed in its mobile operations on a rise in subscribers and telecommunication revenues.Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereIsrael Pulls Out of Peace Talks Over ‘Delusional’ Hamas DemandsDip Buyers Wade Back In to Fuel Wall Street Gains: Markets WrapLyft’s CEO Says ‘My Bad’ on Margin Error, ‘It Was One Zero’Japan Loses Its Spot as World's Third-Largest Economy as It Slip ....

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Rakuten Shares Jump by Up to 16% After Mobile Unit Cuts Losses

Rakuten Shares Jump by Up to 16% After Mobile Unit Cuts Losses
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Rakuten's posts smaller Q4 loss but falls short of estimates

TOKYO: Japan's Rakuten Group reported on Wednesday (Feb 14) a smaller fourth-quarter loss, helped by a stronger performance by its e-commerce and fintech businesses but the result fell short of expectations. The operating loss of ¥33.3 billion (US$221 million) was an improvement on a ¥54 billion loss in ....

Kenji Hirose , Japan Rakuten Group , Rakuten Group ,