Rakuten wesentlich besser als Rocket

Leading Sub-Sectors

The following are Japan’s active and growing FinTech sub-sectors.

Digital Payments
Until recently, Japan lagged behind other countries in cashless systems.  However, with the Government of Japan’s (“GOJ’s”) push for digitalization amid surges in Japanese COVID-19 infections, more Japanese residents have grown accustomed to using cashless payments.  Such means of cashless payments include mobile payments using QR codes or barcodes such as d-Barai, au Pay, Rakuten Pay, PayPay, LINE Pay, and Merupay.  According to the Ministry of Economy, Trade, and Industry (“METI”), the ratio of cashless payment rose to 32.5% in 2021 from 26.8% in 2019, although most cashless payments in Japan continue to be made by credit cards.

Buy Now, Pay Later (“BNPL”)
Although Japan has only a few BNPL payment providers, the number of eCommerce stores that accept BNPL payment is increasing.  This payment service is popular among younger Japanese consumers that do not or cannot obtain credit cards.  

Digital Banking  
The use ratio of online banking is also increasing in Japan.  The COVID-19 pandemic, shrinking bank branches, and the rise of online banks without retail outlets such as Rakuten Bank are fueling the growth of digital banking.

Crowdfunding
Crowdfunding that raises funds for a project through a large online group of people provides individuals and small businesses opportunities for early-stage financial support for their entrepreneurial concepts.  Japan has three types of crowdfunding: (1) purchase/reward crowdfunding, which is Japan’s most popular and highest growing form of crowdfunding; (2) donation crowdfunding; and (3) investment crowdfunding.

Insurtech
Insurtech uses technological innovations such as artificial intelligence (“AI”) to make current insurance procedures more efficient and allows insurance products to be priced more competitively.  Insurtech can help improve customer service by streamlining application procedures, automating and accelerating customer interactions, and enhancing simulations of insurance premiums.  Due to the COVID-19 pandemic, virtual commercial channels are being strengthened, and administrative procedures such as contract procedures and payment requests are being digitized and automated at a rapid pace.

Cryptocurrency Exchange
There are currently 31 cryptocurrency exchanges in Japan.  In 2021, the cryptocurrency trading volume in Japan was $327 billion (¥36 trillion).  Japanese legal requirements for operating a cryptocurrency exchange are not onerous.  Cryptocurrency exchanges must register with the Japan Financial Services Agency (“FSA”) to trade a cryptocurrency in Japan.  

Non-Fungible Token (“NFT”)
Non-fungible tokens (“NFTs”) are cryptographic assets that exist on a blockchain and cannot be traded or exchanged at equivalency like cryptocurrencies.  NFT technology can prove ownership of digital data.  By giving identification information to digital data using blockchain technology, it is possible to indicate the “owner” or the “uniqueness” of the data.  Currently art assets and real estate tracts are commercial areas in which NFTs are being used extensively.  

https://www.reddit.com/r/RakutenUndervalued/...strong_in_all_leading/
 

mmWave 5G Global Market Report 2022: Growing Demand from Telecommunications, Medical and Security Services Bolsters Growth - ResearchAndMarkets.com

January 03, 2023 06:06 AM Eastern Standard Time

The global mmWave 5G market size is expected to reach USD 7.51 billion by 2030, according to a new study. The report gives a detailed insight into current market dynamics and provides an analysis of future market growth.

The growing demand for the mmWave spectrum in telecommunications, medical and security services is due to its ability to transfer a large amount of data efficiently. Furthermore, increasing demand for higher bandwidth and consumer shift towards fifth-generation technology is one of the major factors driving the market.

In addition, the extensive utilization of internet services and cloud computing models are expected to propel the market. Moreover, increasing R&D investment and government funding in the public and private sectors to improve mmWave technology drives market growth.

Major players operating in the industry include Airspan Networks, Alcan Systems, AMD, AT&T, Corning, Ericsson, Fastweb, Fujitsu, Huawei, JMA Wireless, Keysight Technologies, Mavenir, Movandi, Nokia, NTT Docomo, NXP Semiconductors, Pharrowtech, Pivotal Commware, Qualcomm, Rakuten Mobile, Renesas Electronics Coerporation, Samsung, Singtel, Sivers Semiconductors, Softbank, Verana Networks, and Verizon Communications Inc.

https://www.reddit.com/r/RakutenUndervalued/...t_report_2022_growing/
 

1&1 Mobilfunknetz: Mehr Städte "in den nächsten Wochen"

Mit einem eigenen Handynetz will 1&1 den etablierten Telcos auf die Pelle rücken. Der erste Schritt ist getan – es ist ein kleiner. Weitere sollen bald folgen.

03.01.2023 19:10 Uhr
Von Volker Briegleb

https://www.heise.de/news/...dte-in-den-naechsten-Wochen-7447468.html

 

Rakuten Medical to Present at the 41st Annual J.P. Morgan Healthcare Conference on January 10th, 2023

SAN DIEGO, Jan. 3, 2023 /PRNewswire/ -- Rakuten Medical, Inc., a global biotechnology company developing precision, cell-targeting therapies based on its proprietary photoimmunotherapy technology Alluminox platform, will present on how the company has been advancing its technology, and how it plans to continue doing so, in order to reach more patients around the world at the 41st Annual J.P. Morgan Healthcare Conference being held January 9-12, 2023.

Rakuten Medical, Inc. is a global biotechnology company developing and commercializing precision, cell targeting investigational therapies on its Alluminox platform, which, in pre-clinical studies, have been shown to induce rapid and selective cell killing and tumor necrosis. Outside of Japan, Alluminox therapies have not yet been approved as safe or effective by any regulatory authority. The company's first drug developed on the Alluminox platform, ASP-1929, has received approval from the Japanese Ministry of Health, Labour, and Welfare, and is currently the subject of a global phase 3 clinical trial for recurrent head and neck cancer. Rakuten Medical is committed to its mission to conquer cancer by delivering our innovative treatments as quickly and safely as possible to as many patients all over the world as possible. The company has offices in 6 countries, including the United States, where it is headquartered, Japan, the Netherlands, Taiwan, India, and Switzerland.

https://www.prnewswire.com/news-releases/...-10th-2023-301712550.html  

2023: Innovation, operations and creativity

1 hour ago

Last year marked Rakuten’s 25th anniversary, and as the world continues to experience rapid change, both technological and social, we also see many opportunities ahead.

Our vision is to become a global innovation company. To be a leader in innovation, we must remind ourselves of why we are here. Why are we doing this together? I distill the answer down to our Brand Concepts: Basically, we want to make the world a better place through technology and innovation.

“WE ARE CREATING NEW KINDS OF VALUE ACROSS A BROAD RANGE OF INDUSTRIES THROUGH THE UNIQUE RAKUTEN ECOSYSTEM: LOOK AROUND THE WORLD AND YOU WON’T FIND ANYTHING ELSE QUITE LIKE THIS.”
MICKEY MIKITANI, CHAIRMAN & CEO, RAKUTEN GROUP

Last year, Rakuten reached more than 33 trillion yen in global gross transaction volume (GTV), a year-on-year increase of 23%. Global membership grew to some 1.7 billion members worldwide.
We started from just a handful of people with a simple e-commerce marketplace model and grew into one of the biggest internet services companies in the world.

We continued to achieve double-digit growth in both revenue and gross merchandise sales for domestic e-commerce, and our internet services business continues to perform strongly. Our fintech services are leading the industry with strong growth in the number of credit cards issued, bank accounts and securities accounts. We are creating new kinds of value across a broad range of industries through the unique Rakuten Ecosystem: Look around the world and you won’t find anything else quite like this.

“DIVERSITY IS NOT JUST A THING WE DO — IT IS OUR CORE STRENGTH. BRINGING TOGETHER DIFFERENT PERSPECTIVES TO FOCUS ON A CORE MISSION IS KEY TO OUR SUCCESS.”

Now, powered by synergies with our mobile carrier service Rakuten Mobile, the Rakuten Ecosystem is entering a new phase of rapid growth, in terms of both total users and GTV. As we expand network coverage and services that offer even better savings and convenience to our customers, I am sure we will see an even more rapid acceleration of this growth. 2023 will also be a year that sees our mobile network platform business, built on our world-first end-to-end fully virtualized cloud-native mobile network, continue to scale even further on the global stage.

We have so many people from so many different countries and so many different backgrounds, with over a hundred countries and regions represented here at Rakuten. And I am very proud of that. Diversity is not just a thing we do — it is our core strength. Bringing together different perspectives to focus on a core mission is key to our success.

We have always looked ahead with optimism to a brighter future and consistently taken on new challenges. In the new year and beyond, I look forward to everyone bringing your ability to innovate, your operational expertise and your creativity to the challenges ahead.

https://rakuten.today/mickeysvoice/...ions-operations-creativity.html
 

There is no material impact on consolidated results

Rakuten Group, Inc. (hereafter the “Company”) announces that in the non-consolidated financial results for the fiscal year ending December 31, 2022 (J-GAAP), the Company expects to record an impairment loss on its investee Lyft, Inc. (hereafter “Lyft”) and hence record a valuation loss on securities. There will be no material impact on the consolidated financial statements.

Details
In the Company’s non-consolidated financial results for the fiscal year ending December 31, 2022 (J-GAAP), as a result of evaluating the fair value of the shares of Lyft, which is an investee of the Company, an impairment will be recorded, and the Company expects to record a loss on valuation of securities of 200.4 billion yen.

Impact on financial results and earnings forecasts
The loss on valuation of securities will be recorded as an extraordinary loss in the Company’s non-consolidated financial results. In addition, since the Company prepares consolidated financial statements in accordance with International Financial Reporting Standards (IFRS), valuation losses on securities are incorporated in financial results on a quarterly basis. In addition, valuation gains and losses are hedged by the collar contract of prepaid forward contract for shares of Lyft, so.

https://global.rakuten.com/corp/news/press/2023/0104_02.html
 

33 trillion yen in global gross transaction volume (GTV), a year-on-year increase of 23%. Global membership grew to some 1.7 billion members worldwide.

https://www.reddit.com/r/RakutenUndervalued/...bal_gross_transaction/
 

Growth of the fintech industry from $11.8 billion in 2018 to about $306 billion in 2023

The projected growth of the fintech industry from $11.8 billion in 2018 to about $306 billion in 2023 is attributed to a desire to capture market share. The projection of the fintech industry growth is estimated at a compounded annual growth rate of 22.17%.

The fintech industry is becoming less obscure, these days it’s at the forefront of the minds of consumers and corporates alike. It seems like consumers are positive about the services.
About 96% of consumers are aware of at least one fintech firm. Added to that, 64% of global consumers have used one or more of these fintech platforms. This is a giant leap compared to the 2017 figure of 33% and the 2015 adoption of fintech services figure of 16%.

At a compounding annual growth rate of 10-12%, E-commerce is one of the biggest growth drivers of fintech.

Ecommerce is on the tongue of every marketing and sales executive, and this has also been accelerated by the 2020 Covid-19 pandemic. Fintech is a catalyst of e-commerce, so it should come as no surprise that as Ecommerce grows so will fintech.

Fast forward to early 2022, mobile transactions are estimated to grow by 28%. This fintech statistic is acceptable, considering that 60% of consumers seek to transact with their financial firms through a single platform such as a mobile app, according to Ernst & Young.

https://www.brimco.io/fintech-statistics-to-know/  

Look around the world and you won’t find anything else quite like this.

Rakuten continued to achieve double-digit growth in both revenue and gross merchandise sales for domestic e-commerce, and Rakuten‘s internet services business continues to perform strongly. Rakuten’s fintech services are leading the industry with strong growth in the number of credit cards issued, bank accounts and securities accounts. Rakuten are creating new kinds of value across a broad range of industries through the unique Rakuten Ecosystem: Look around the world and you won’t find anything else quite like this.

https://rakuten.today/mickeysvoice/...ions-operations-creativity.html
 

1&1 is the only mobile network operator in Germany that does not use Huawei antennas

According to 1&1, its current multivendor network rollout is based on servers from Dell and Supermicro, routers from Cisco, software from Rakuten Symphony, Altiostar (which is owned by Rakuten) and Mavenir, and antennas from NEC and Communications Components (CCI). It also stated in today’s announcement that it is “the only mobile network operator in Germany that does not use Huawei antennas”.

https://www.telecomtv.com/content/5g/...ates-on-rollout-delays-46288/
 

In-Depth Marketing Strategy of Rakuten – Detailed Explanation

By Aditya Shastri Updated on: Oct 3, 2022

https://iide.co/case-studies/marketing-strategy-of-rakuten/  

The global Open RAN market is projected to grow from USD 1.1 billion in 2022 to USD 15.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 70.5%

Wed, January 4, 2023 at 2:50 PM GMT+1·5 min read

NEW YORK, Jan. 4, 2023 /PRNewswire/ --

The global Open RAN market is projected to grow from USD 1.1 billion in 2022 to USD 15.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 70.5% during the forecast period. Advantages such as solution flexibility, reduced costs and supply chain diversity is driving the Open RAN market growth.

Read the full report: https://www.reportlinker.com/p06377399/?utm_source=PRN  

2023/01/05

"Rakuten Card App" überschreitet 25 Millionen Downloads

Rakuten Card Co., Ltd. (im Folgenden als "das Unternehmen" bezeichnet) freut sich bekannt zu geben, dass die "Rakuten Card App" für Rakuten Card-Mitglieder am Samstag, den 24. Dezember 2022, 25 Millionen Downloads überschritten hat. Darüber hinaus planen wir zum Gedenken an diesen Vorfall im Februar eine Kampagne.

Im September 2010 veröffentlichte die Rakuten Card App die erste iOS-Version der Kreditkartenbranche als App für Rakuten Card-Mitglieder, und im August 2011 veröffentlichten wir eine Android-Version. Seitdem hat es sich zu einer praktischen App entwickelt, z. B. zum Hinzufügen eines Startbildschirms, mit dem Sie Ihren Rechnungsbetrag, den verfügbaren Betrag, Ihr Lastschriftkonto usw. auf einen Blick überprüfen können.

Die "Rakuten Card App" wird als App verwendet, die einen einfachen Zugriff auf Rakuten Card-Dienste ermöglicht, wie z. B. die Überprüfung von Nutzungserklärungen und die Anpassung von Zahlungsbeträgen, und wurde von mehr als 70% der Mitglieder, die sie tatsächlich nutzen, als "einfach zu bedienen" bewertet.

Wir werden die Kreditkartendienste und -funktionen, einschließlich der Weiterentwicklung der Rakuten Card App, weiter ausbauen, um Finanzdienstleistungen bequemer und zugänglicher zu machen und dadurch die Kundenzufriedenheit weiter zu verbessern.

Hier können Sie die "Rakuten Card App" herunterladen.

iOS: https://apps.apple.com/us/app/ Rakuten Card/id570105907?ppid=35689c38-0022-4caa-adaf-e49cb611d06d

Android: https://play.google.com/store/apps/...dapp.android&listing=pr25mm

https://www.rakuten-card.co.jp/corporate/press_release/20230105/
 

The ecosystem of embedded finance is enormous, and it is expected to grow significantly this year. Researchers estimate that the embedded payment industry will grow by 40.4% annually.

With embedded finance, companies can offer complete offerings throughout a customer's journey to increase customer satisfaction and business revenue. It covers financial services such as banking, credit, investment, payment processing, lending, or insurance. Think of an e-commerce merchant providing insurance in a seamless, convenient, easy-to-use customer journey.  

Among all forms of embedded finance, buy now pay later (BNPL) is a notably growing sector. This payment option enables purchasers to buy now and pay for products later, usually by splitting the purchase sum into multiple installments.  

https://www.reddit.com/r/RakutenUndervalued/...r_of_embedded_finance/
 

 

Rakuten’s Super Bowl Ad Return Will Emphasize Savings in an Uncertain Economy

12/8/2022 2:45:00 PM

Shopping-rewards platform Rakuten is plotting a return to the Super Bowl

The shopping platform plans to highlight how it can help consumers save money in an uncertain economy.

Rakuten this year wants to get across a more specific message than it delivered in its debut.Despite an uncertain economic environment, inflation and widespread layoffs, “People still have to buy things, people still have to shop for things,” Ms. Marineau said. “You’re going to buy and shop for things, you should save while you do so.”

https://headtopics.com/us/...savings-in-an-uncertain-economy-32631353  

How Does Rakuten Make Money if It’s Free to Use?

Rakuten’s affiliate marketing business model enables it to give members cashback rewards and free access to discounts and promotions from more than 3,500 partner businesses.

Last updated Nov. 28, 2022 | By Danielle Letenyei | Edited By Yahia Barakah

Everyone wants to save money. Why pay full price for clothes, furniture, electronics, or other things when you could get a discount — or better yet, cash back — on whatever you buy?

With Rakuten, you can get up to 40% back on your purchases from thousands of places you probably already shop at. The web platform and its mobile app grew in popularity over the past years and have helped its users get cash back on many purchases.

But how does Rakuten make money when its app is entirely free to use? We explore the answer to this question before diving into making your own money on the platform.

https://financebuzz.com/how-rakuten-makes-money  

Rakuten to issue $1.8bn in bonds with A-rating from the Japan Credit Rating Agency

Company's biggest-ever offering comes after downgrade to junk rating

NAOKI MATSUDA, Nikkei staff writerJanuary 7, 2023 01:26 JST

TOKYO -- Rakuten Group is preparing to issue 250 billion yen ($1.87 billion) in bonds, Nikkei learned on Friday, the largest one-time issuance in Japanese e-commerce company's history as it struggles to overcome mounting costs in its mobile phone business.

The two-year bonds, with a maturity date of Feb. 10, 2025, will carry a coupon rate in the range of 2% to 4%. The bonds are scheduled to receive an A-rating from the Japan Credit Rating Agency on Jan. 27, when the company will also finalize the terms of the issuance.

https://asia.nikkei.com/Business/Markets/Bonds/...-up-mobile-business  

DZS Named Recipient of Asian Telecom Award for Work with Rakuten Mobile

April 4, 2022

DALLAS, Texas, USA, April 4, 2022– DZS (Nasdaq: DZSI), a global leader in access networking and cloud software solutions, today announced that The Asian Business Review’s Asian Telecom Awards 2022 has recognized the company for its work with Rakuten Mobile, which has deployed and scaled the industry’s first fully virtualized, cloud-native Open RAN (O-RAN) mobile network to millions of subscribers in Japan. The “Infrastructure of the Year” award highlights the role of the DZS Chronos Mobile & Optical Edge solutions in helping the mobile operator manage its 4G and 5G traffic.

“Rakuten Mobile has been a valued partner for DZS since 2019, and I am extremely proud of the groundbreaking accomplishments and sustained success our teams have achieved together and our role in supporting the creation of the first fully virtualized, cloud-native 5G mobile network,” said Charlie Vogt, President and CEO, DZS. “Open RAN represents a seismic technology shift in the industry, changing how service providers design and deploy mobile networks of the future. We are proud to be an innovation partner to disruptors like Rakuten Mobile who is leading the way for other service providers around the world and bringing the promise of an interoperable future into reality.”

DZS 5G open fronthaul solutions have supported Rakuten Mobile as it has grown to over 5 million subscribers in Japan.

https://dzsi.com/news/n  

Das ist eine ausgezeichnete Nachricht, denn sie zeigt, wie problemlos Rakuten neue Kredite bekommt.

Und ich halte die Kreditfinanzierung beim jetzigen Kursnveau für wesentlich besser als die Monentarisierung von Vermögenswerten, z.B. einen Verkauf von etwa 20% an Rakuten Bank, oder die allerschlechteste Möglichkeit der Kapitalbeschafftung durch eine Kapitalerhöhung.

Zwar könnte man auch bei den Investitionen kürzer treten, aber offenbar erscheinen zusätzliche Investitionen so aussichtsreich zu sein, dass Käufer für Anleihen von mehr als 1,8 Milliarden bereitstehen., denn das hat man mit Sicherheit im Vorfeld der Ankündigung abgecheckt.  

10/21/2020

Explanation of Responses:

1. These shares of Issuer class A common stock ("Common Stock") are held directly by Liberty Holdco Ltd. ("Liberty"), a wholly-owned subsidiary of Rakuten, Inc. ("Rakuten"), and such shares of Common Stock have been pledged to the Banks (as defined below) pursuant to the Transactions (as defined below). Liberty acquired these shares of Common Stock from Rakuten.

2. On October 21, 2020, Liberty entered into variable prepaid forward sale transactions (the "Transactions") in accordance with Rule 144 under the Securities Act of 1933, as amended, with unaffiliated financial institutions (the "Banks") relating to 31,395,679 shares of Common Stock in the aggregate following the completion by the Banks of their initial hedging periods. On the applicable settlement dates scheduled to occur during the third quarter of 2025 through the first quarter of 2026, Liberty will be obligated to deliver up to 31,395,679 shares of Common Stock or, at Liberty's election, and subject to satisfaction of certain conditions under the terms of such Transactions, pay cash in lieu of such delivery. In exchange for assuming this obligation, Liberty received a cash payment of $714,337,093.49 shortly following the date of entering into the Transactions.

3. Under the Transactions, on the applicable settlement dates, Liberty will be obligated to deliver to the Banks a number of shares of Common Stock determined as described below (or, under certain circumstances, at Liberty's election, an equivalent amount in cash). If the volume weighted average price of the Common Stock on the related averaging dates (the "Settlement Price") is less than or equal to $22.7527 (the "Floor Price"), Liberty will deliver to the Banks 31,395,679 shares of Common Stock in the aggregate (or, under certain circumstances, at Liberty's election, an equivalent amount in cash).

4. If the Settlement Price is between the Floor Price and $36.9732 (the "Cap Price"), Liberty will deliver to the Banks a number of shares of Common Stock (or, under certain circumstances, at Liberty's election, an equivalent amount in cash) equal to 31,395,679 shares in the aggregate, multiplied by a fraction, the numerator of which is the Floor Price and the denominator of which is the Settlement Price. If the Settlement Price is greater than the Cap Price, Liberty will deliver to the Banks the number of shares of Common Stock (or, under certain circumstances, at Liberty's election, an equivalent amount in cash) in the aggregate equal to the product of (i) 31,395,679 shares and (ii) a fraction (a) the numerator of which is the sum of (x) the Floor Price and (y) the Settlement Price minus the Cap Price, and (b) the denominator of which is the Settlement Price.

https://www.sec.gov/Archives/edgar/data/1294591/...lF345X03/form4.xml  

BY STACY LEE DECEMBER 29, 2022

https://fangwallet.com/2022/12/29/...imize-rakuten-cash-back-in-2023/  

Rakuten Trade Launches Trading On Hong Kong Stock Exchange at an Opportune Time

Publish date: Wed, 04 Jan 2023, 04:45 PM

KUALA LUMPUR, 28 December 2022 – Rakuten Trade Sdn Bhd (Rakuten Trade), has announced its foreign trading service will now include a second market - Hong Kong Stock Exchange (HKEX) - the 5th largest stock market in the world.

“This comes at an opportune time as the Hong Kong market is poised for a recovery rally as further signs show that China will shift away from the zero-Covid policy that will lead to the reopening of the country,” said Mr. Kazumasa Mise, Chief Executive Officer (CEO), Rakuten Trade. “In fact, the HKEX benchmark index soared 6.2%* in the first two weeks of December shows positive signs that recovery is imminent.”

Mr. Mise added, “As a business that evolves in tandem with clients’ expectations, customer experience remains at the forefront of the Rakuten Trade mandate. Enabling access onto the HKEX, also reinforces Rakuten Trade’s vision, since business day 1 (May 2017) of lowering the barrier of investing regardless of wealth and investing experience. The introduction of both U.S. markets in January this year and now HKEX represent the top 2 markets requested by Rakuten Trade clients through the Voice of Customer (VOC) program. Thus far, response for the foreign market service has surpassed expectations and continues to grow at a healthy rate.”

https://klse.i3investor.com/web/blog/detail/...1-04-story-h-301957422 PRESS_RELEASE_Rakuten_Trade_Launches_Trading_On_Hong_Kong_Stock_E­xchang

About Rakuten Trade Sdn Bhd (“Rakuten Trade”)
Rakuten Tradeis the result of a joint venture between Malaysia’ s leading independent investment bank Kenanga Investment Bank Berhad and Japan’s Rakuten Securities, Inc. part of Rakuten Group, Inc. (“Rakuten Group”), a global innovation leader. Named FinTech Company of the Year 2018, Rakuten Trade created waves in the investment banking industry on 19 May 2017 when it was officially launched as the country’s first digital equity broker in Malaysia. Their FinTech platform gives investors the opportunity to have a completely online equity broking experience from account opening, live market feeds, execution and settlement of trades, research reports as well as rewards. Rakuten Trade holds a restricted Capital Markets Services License (“CMSL”) by the Securities Commission Malaysia to deal in listed securities and provide investment advice.

https://www.reddit.com/r/RakutenUndervalued/...ng_on_hong_kong_stock/
at an Opportune Time

 

A Comprehensive Guide to the World’s Top 50 Ecommerce Companies

by Geri Mileva Last Updated: June 24th, 2022

Over the past years, we’ve seen the steady rise of the ecommerce industry. Propelled by the global pandemic, global ecommerce sales increased to 140% from 2015 to 2020, with Mainland China and the US being two of the biggest ecommerce markets worldwide. Moreover, global ecommerce retail sales are estimated to reach $7.3 Trillion by 2025.

         •§1. Amazon
         •§2. eBay
         •§3. Alibaba Group Holding Limited
         •§4. Rakuten

Rakuten Ichiba is Japan’s largest ecommerce marketplace.
It has more than 100 million shoppers and is frequented by 87% of the country’s population. That’s 111.4 million members when you consider Japan’s population of approximately 126 million individuals (2020). In 2021, Rakuten had an average of 544.3 million visits per month.

Rakuten also commanded 26.8% of the market share in 2019. In the same year, it generated USD 37 billion in domestic ecommerce gross merchandise value. In Japan, Rakuten Ichiba is recognized as the most trusted ecommerce marketplace, even outperforming the global ecommerce juggernaut Amazon. Moreover, it holds more than 25% of Japan’s online B2C market and more than 30% in segments like apparel, food, and household.

Aside from ecommerce, the company operates several diverse services, which include banking, credit cards, digital content, and FinTech.

         •§5. Walmart
         •§6. MercadoLibre
         •§7. The Home Depot Inc.
         •§8. Prosus
         •§9. Reliance Industries
         •§10. Meituan Dianping
         •§11. Costco Wholesale Corporation
         •§12. Shopify

https://influencermarketinghub.com/top-ecommerce-companies/#toc-11

https://www.reddit.com/r/RakutenUndervalued/..._to_the_worlds_top_50/
 

Rakuten Trade adds Hong Kong Stock Exchange into foreign trading service

Surin Murugiah
January 05, 2023

Mise said the introduction of both US markets in January this year and now HKEX represent the top two markets requested by Rakuten Trade clients through the voice-of-customer programme.
“Thus far, response for the foreign market service has surpassed expectations and continued to grow at a healthy rate,” he said.

Mise said over 2,500 companies are listed on the HKEX, and it in recent years has become a desirable investment choice for Malaysian investors keen to expand beyond local borders.

He said HKEX is home to familiar listed companies such as Alibaba, AIA, Baidu, HSBC and Meituan, as well as Malaysian companies that coincidently make up its second largest foreign company segment.
Rakuten Trade head of research Kenny Yee, meanwhile, said that it is a good time to look at the Hong Kong market, as valuations remain at reasonable levels.

“Based on the current price-earnings ratio of 10.5 times, against its three-year average of around 13 times, we believe there is still further upside for HK stocks, especially with the easing of restrictions in China.

“The financials will lead the recovery, especially from banks and insurance companies,” he said.
https://www.reddit.com/r/RakutenUndervalued/...g_stock_exchange_into/