Expanding our global business is another important element in expanding the Rakuten Ecosystem. Unfortunately, with the population of Japan declining year by year, developing markets globally is extremely important for achieving long-term and sustainable growth. Rakuten’s global strategy can be broadly divided into two categories. One is development centered on our Group services that form the Rakuten Ecosystem. The other is centered on our global platform, Rakuten Symphony. For the former, we aim to link services such as Rakuten Rewards, Rakuten Viber, Rakuten Kobo and Rakuten Viki. In 2024, we expanded our customer base for each service, generating approximately 14 billion yen in profit from these four services. As a next step, we would like to develop Rakuten’s membership business overseas and promote and expand cross-use. This can be achieved by focusing on points or cashback programs, as well as by providing excellent UX through AI specialized for the Rakuten Ecosystem as mentioned above.
For the latter, we are promoting the spread of Open RAN solutions, which support the cost advantage of Rakuten Mobile. Rakuten is the first company in the world to commercialize end to-end, fully virtualized, cloud-native mobile network technology. In the conventional telecom industry, it was common to purchase and implement packaged solutions from specific vendors. Open RAN is a technology that opens up these specifications and enables the interconnection of equipment from different vendors. As a leading company in the industry, we will promote this while developing Symphony as a platform operator that provides a range of solutions that make up the network. We’re aiming to provide not only Open RAN solutions, but also the high-tech cloud technology that makes it work. In addition, we can offer Rakuten Ecosystem features, such as membership systems and point programs to support consumer services development, to third parties.
https://global.rakuten.com/corp/investors/documents/annual.html
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