Rakuten wesentlich besser als Rocket

Rakuten has a very strong brand identity and membership program in Japan that transcends their e-commerce offering. 2/3rds of Rakuten customers use one of Rakuten's other offerings, be it in life insurance, banking, credit, travel or otherwise. Amazon has nowhere near the brand affinity; only 17% of Amazon shoppers carry a Prime subscription in Japan. This provides Rakuten a competitive moat across every industry they operate in (discussed further below).

https://seekingalpha.com/article/...-e-commerce-giant-great-valuation
 

Key Statistics of Rakuten
P/E Ratio 9.95
Price to Book Ratio 1.5759
Price to Sales Ratio 1.1676
https://www.bloomberg.com/quote/4755:JP
 

One Rakuten’: The groundwork for global ecosystem expansion

But for Mikitani, branding is just the beginning. “We also want to allow users to use a single ID across all of our services, to connect with us across national borders and make use of services like Rakuten Super Points,” he explained, adding: “The internet has no borders.”

The use of Rakuten Super Points continues to expand, both online and offline, making them probably one of the most liquid points offering in the world and a crucial part of Mikitani’s vision for the future. The issue of Rakuten Super Points in Japan has exploded in recent years, last year surpassing one trillion points (equivalent to US$9.3 billion) for the first time in the program’s long history. Super Points can be earned and spent across nearly all facets of life in Japan, from grabbing a bite at the local ramen bar to trading on the stock market.

https://rakuten.today/rakuten-innovation/...p;utm_campaign=RSS+Reader
 

https://www.statista.com/statistics/223368/...nance-operating-profit/  

sind immerhin 182 Millionen US-Dollar Gewinn im Quartal.  

insgesamt waren es in 2017 = 17+18.2+18+19.6 = 72,8 Billionen japanische Yen , das sind ca. 677 Millionen US.-Dollar Gewinn im Fintech-Bereich.  

In 2013 waren es erst 8,81+11,73+10,68+12,43 = 43,65 Billionen japanische Yen, die dann nach vier Jahren auf 72,8 Billionen japanische Yen angewachsen waren  - ein Anstieg um 66,78% in vier Jahren.

Das ist eine jährliche Wachstumsrate des Gewinns um 13,64%.  

Fintech mit 677 Millionen Gewinn in 2017, der jährlich um 13,64& wächst, für eine Bewertung erfahren sollte.

Ein KGV von 25 halte ich da für die untere Grenze - ich kenne Fintechs, die bei niedrigerem Wachstum mit einem KGV von über 50 bewertet werden.

Multipliziert man den Gewinn von 677 Millionen US-Dollar mit 25 erhält man 16,925 Milliarden  US-Dollar - das ist wesentlich mehr als die momentane Marktkapitalisierung von Rakuten, obwohl Fintech nur einer der Bereiche von Rakuten ist und weitere dazukommen.  

auch unter 6 Monate Laufzeit vermieten - und damit tut sich für Rakuten ein glänzendes Geschäft auf und man ist glänzend vorbereitet:

Rakuten whom offers more than 70 IT services and holds more than 90 million memberships, and LIFULL whom has over 8 million property listings with a network of 2.2 million Property Agents are now working together as Rakuten LIFULL STAY. The new company, Rakuten LIFULL STAY`s business is to bring together vacant houses all around Japan and current real estate owners who would like to register their property as “short term stay” property, with a platform known as “Vacation Stay” to provide a new short term stay product in Japan as their core business.

It has been 1 year since Rakuten LIFULL STAY has been established and they have already partnered with other Short Term Stay platform websites such as, Rakuten Travel (via Rakuten), Tujia, Booking.com, Home Away by Expedia, and AsiaYo!. A total of 5 platforms. Rakuten LIFULL STAY has also set up an “owner assistance” service where real estate owners can brand their apartment/unit with interior and amenity setups through the Rakuten STAY brand. Of course this service also comes with management and registration access to the partner platforms as well. Aside from short term stay they also offer services in the “monthly term stay” field for corporations/ language schools, and etc who would like to use this service.

https://propertylife.lifull.net/en/topics/...-short-term-stay-company
 

U.S. IPO wave is coming, and investors spy a payday
JACK NICAS
SAN FRANCISCO
THE NEW YORK TIMES NEWS SERVICE
PUBLISHED APRIL 16, 2018

Investors, bankers and analysts said they expected a wave of initial public offerings to bring some of the most highly valued and recognizable startups to the public market over the next 18 to 24 months — and billions of dollars in returns to their executives and investors.

Some of the biggest-name privately held tech companies have recently made moves that position them to go public in the next year or two. Dara Khosrowshahi, Uber’s chief executive, has said he plans to take the company public next year. Lyft has held talks with investment banks to explore going public. And Airbnb has begun bringing independent directors onto its board, a move that is typically part of the preparations for becoming a public company.

https://www.theglobeandmail.com/investing/...-investors-spy-a-payday/
 

dürften sie angesiedelt sein, wenn man das Nachstehende liest:

Rakuten has been wisely investing into high-quality tech startups, posting large returns while diversifying their revenues. Many investors would never know that Rakuten owns a very large portion of Lyft. In 2015, Rakuten led Lyft's financing round and invested $500 million in the company (at an EV of $2.5 billion).

As noted in the chart above, Rakuten invested another $457 million this year, at an EV of $7.5 billion.

https://seekingalpha.com/article/...-e-commerce-giant-great-valuation
 

Marktkapitalisierung von Lyft von z.B. 15 Millionen wären das immerhin 2,4 Milliarden Dollar.  

es im letzten Posting heißen.  

Series E - Cabify
5
$160M
Rakuten Capital
May 8, 2017


Series D - Cabify
4
$100M
Rakuten Capital
Apr 20, 2016


Series C - Cabify
1
$120M
Rakuten Capital
Oct 1, 2015


Series B - Cabify
6
$12M
Rakuten Capital
Oct 6, 2014


Series B - Cabify
1
$4M
Seaya Ventures
Apr 1, 2014


Series A - Cabify
4
$8M
Kevin Laws, Seaya Ventures
Sep 16, 2012


Seed Round - Cabify
7
$3M
—
https://www.crunchbase.com/organization/cabify#section-funding-rounds
 

Quick stats
Latest financing: $160M, Series E
Pre-money valuation: $1.24B
Investors: Rakuten Capital, TheVentureCity, Endeavor Catalyst, GAT Investments, Liil Ventures, WTI and other undisclosed investors from Spain and Latin America
Capital raised to date: $409.93M

https://pitchbook.com/news/articles/company-of-the-week-cabify
 

https://global.rakuten.com/corp/investors/financial/data.html  

http://www.handelsblatt.com/my/finanzen/...5-NelVOUqNyhTMWq9ad9gt-ap2  

Chinese customers shelled out more than JPY 1 trillion on Japanese merchandise during 2016 via cross-border e-commerce platforms, and Tokyo-based marketing research company Fuji Keizai estimates that the number is projected to more than double in 2019 to JPY 2.1 trillion.
One of the fortunate beneficiaries of this phenomenon is Japan’s largest online shopping mall Rakuten Ichiba. Their B2B2C e-commerce platform global and internet services company Rakuten—which also operates the popular cross-border site known as Rakuten Global Market—saw sales triple in 2017 compared to the same period in 2016.

The transaction amount in Rakuten Ichiba’s flagship stores hosted by JD.com and Netease Kaola has grown by nearly 20-30 times compared to 2016. Rakuten Ichiba has been the primary platform for cross-border sales and accounted for more than half of all international sales transacted through these various e-commerce platforms.

https://technode.com/2017/07/18/...e-consumers-cross-border-shopping/
 

weiter vor Amazon

McKinsey has published a report looking at the threat to Wall Street banks from so-called platform companies like Amazon, Alibaba, and Rakuten.

These companies could become the "front end" for big finance, taking a big slice of profits.

The worst-case scenario would put returns on a par with those in 2008, during the worst of the financial crisis.

Here's McKinsey (emphasis added):
"We calculated the value at stake for global banking should platform companies successfully split banking in two (Exhibit 9), and found that “manufacturing” — the core businesses of financing and lending that pivot off the bank’s balance sheet — generated 53 percent of industry revenues, but only 35 percent of profits, with an ROE of 4.4 percent. “Distribution,” on the other hand — the origination and sales side of banking — produced 47 percent of revenues and 65 percent of profits, with an ROE of 20 percent. As platform companies extend their tentacles into banking, it is the rich returns of the distribution business they are targeting. And in many cases, they are better positioned for distribution than banks are."

https://www.businessinsider.de/...says-mckinsey-2017-10?r=US&IR=T

 

im entsprechenden kleineren Maßstab?

Starting this year, we will test tools that allow you to use WhatsApp to communicate with businesses and organizations that you want to hear from," the company wrote at the time. The goal is to have people communicate directly with i.e. their banks, airlines etc. over the app, while the businesses picks up the bill previously paid through subscriptions.

Though WhatsApp's financial statements aren't public (Facebook doesn't break down its revenue by company), Forbes estimated total revenue to be $5 billion and the average revenue per user to be $4 by 2020.

Read more: How WhatsApp Makes Money | Investopedia https://www.investopedia.com/articles/...akes-money.asp#ixzz5EYMfv8n9
 

Ansatzpunkte, wie Viber Geld machen kann.

https://techcrunch.com/2018/02/28/...a-group-chat-for-up-to-1b-users/  

"Members of the groups will be able to interact with comments and reactions, and group administrators will be able to monetize the streams, tapping into a network of app partners and the larger e-commerce and media business of Rakuten,  which owns Viber (and is known as the Amazon  of Japan)."  

In the U.S., it only has 15 percent penetration and in Western Europe its penetration is a mere 22 percent. (“Penetration” in its definition is referring to people who actively use the app in each country, the company told us.)

But in other markets it says it has done better. It has a 73 percent penetration in Central and Eastern Europe and 76 percent in Russia; 59 percent in Southeast Asia; 44 percent in the Middle East/North Africa; and 45 percent in Australia/New Zealand.
Could all that change? Given the popularity of the large group chat features of the other messaging apps, Viber could be hoping this launch will drive more active usage of the app, and maybe new users. By essentially creating Communities around interests and giving them the ability to be as big as the app’s own user base, it gives Viber (and Rakuten) a play at presenting itself less as a messaging app, and more as

 

https://info.viber.com/Viber-Service-Messages-Partners  

https://www.statista.com/statistics/223334/...-group-revenue-segment/

Dteaillierte Zahlen erhält man, wenn man auf die Säulen in den einzelnen Jahren gekt.