Rakuten Group Inc - RKUNF stock
OTC Symbol: RKUNF | OTC Tier: Pink Limited
About[edit]
Rakuten Group Inc (OTC: RKUNF, OTC: RKUNY) is a Japanese electronic commerce and online retail company that operates a wide range of businesses, including e-commerce, financial services, digital content and communications, and professional sports. The company was founded in 1997 and is headquartered in Tokyo, Japan. Rakuten is known for its focus on customer service and has been recognized for its innovative approach to e-commerce. The company has also invested heavily in professional sports, owning the Rakuten Golden Eagles baseball team and sponsoring several other sports teams and events.[1]
Acquisitions and Expansion[edit]
Rakuten has expanded globally through a series of strategic acquisitions, including the acquisition of the messaging app Viber in 2014 and the e-book platform Kobo in 2012. The company is listed on the Tokyo Stock Exchange under the ticker symbol 4755.[2]
Products and Services[edit]
e-commerce Platform[edit]
Rakuten's e-commerce platform is one of the largest in Japan and operates under the name Rakuten Ichiba. The platform allows sellers to offer a wide range of products and services to customers, including electronics, fashion, home and garden goods, and travel services. Rakuten also operates online marketplaces in other countries, including the United States, Canada, and Brazil.[3]
Financial Services[edit]
In addition to its e-commerce businesses, Rakuten offers a range of financial services, including banking, credit cards, and insurance. The company also operates a digital content division, which provides e-books, streaming music and video, and other digital content to customers.[4]
Products[edit]
Rakuten Products:
- Viber - Text and voice phone service
- Advertising - Digital marketing
- Intelligence - Consumer and corporate analytics
- kobo - ebooks and audiobooks
- TV - Movies and TV series accessible from your computer, Smart TV, tablet, phone and gaming console.
- VIKI - Free Asian TV shows and movies
Financial Performance[edit]
For the full year ending 12/31/2020, the company posted total revenue of $1,455,538,000, pre-tax income of $(151,016,000) and EPS of $(84.00).[5]
- ↑ Rakuten.com. About Us. Retrieved on 4/9/2023.
- ↑ Rakuten.com. Newsroom. Retrieved on 4/9/2023.
- ↑ Rakuten.com. e-commerce. Retrieved on 4/9/2023.
- ↑ Rakuten.com. Services. Retrieved on 4/9/2023.
- ↑ Yahoo Finance. RKUNF Stock. Retrieved on 4/9/2023.
