Previous Close | 5.17 |
Open | 5.11 |
Bid | 5.09 x 312600 |
Ask | 5.14 x 40000 |
Day's Range | 5.11 - 5.11 |
52 Week Range | 3.22 - 6.00 |
Volume | |
Avg. Volume | 25,239 |
Market Cap | 11.062B |
Beta (5Y Monthly) | 0.78 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.03 (0.82%) |
Ex-Dividend Date | Dec 29, 2022 |
1y Target Est | N/A |
(Bloomberg) -- Rakuten Bank Ltd. expects the Bank of Japan to hike rates again later this year after scrapping its negative interest rate policy in March, in a move that will likely boost profits for the Japanese online financial firm.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceHomebuyers Are Starting to Revolt Over Steep Prices Across USGameStop Shares Double as Gill Post Shows $116 Million BetMnuchin Chases Wall Street Glory With His War Chest of For
The new Rakuten+ program will bring its cash back incentives to high-value shoppers as the company aims to foster lifelong loyalty.
Japan's Rakuten Group is partnering with eBay to test U.S. demand for used Japanese fashion goods, made all the cheaper with the yen trading near a 34-year low. The tie-up, which started on May 8 with just seven vendors on Rakuten's second-hand goods unit Rakuma, aims to capitalise on the currency effect and also a move toward bargain hunting as cost-of-living pressures around the world crimp spending. In exchange for commissions on sales, eBay lists Rakuma's selected goods for sale on its site, while a Rakuten-contracted vendor handles shipping and customer service in the U.S.