- und daher habe ich mir nach dem Einstieg bei Alibaba, die inzwischem mehr als 20% gut gemacht haben, auch einige Rakutens gekauft.
Look Out Amazon, Here Comes...Rakuten? Japanese e-commerce firm Rakuten announced on Tuesday it is acquiring Ebates for $1 billion.
The acquisition, which Rakuten hinted at last week, is part of the Japanese company?s push to grow its base beyond its domestic market and hopefully, become a global player. Having made some $1.2 billion acquisitions to date along these lines, this is Rakuten?s most ambitious move to date.
However, investors are dubious that the company can absorb yet another foreign acquisition, much less one the size of Ebates, despite Rakuten?s strong cash position. Then there is the ever-present Amazon, which dominates the e-commerce market in the U.S. Few believe it will falter in the face of Chinese giant Alibaba, much less a Rakuten-Ebates combo.
Rakuten Goes Forth
Not surprisingly, Rakuten says it is undaunted. For starters, it has assembled a very interesting mix of acquisitions. There is messaging app Viber, which it purchased for $900 million in February, the Canadian ebook offering Kobo, Spanish video service Wuaki.tv, Viki, a digital content platform and Buy.com. Now it has picked up Ebates.
In the fiscal year ended December 31, 2019, high levels of growth at existing businesses including gross merchandise sales at domestic e-Commerce businesses such as Rakuten Ichiba, and in Rakuten Card shopping transaction volumes and revolving balances on the back of expansion of the card membership base, resulted in revenue of 1,263,932 million yen (up 14.7% year-on-year).
On the other hand, operating income was 72,745 million yen (down 57.3% year-on-year), mainly due to an increase in upfront investments in the mobile business and the logistics business in domestic e-Commerce. In addition, the Company determined that there was objective evidence that the investment in Lyft, Inc., which is accounted for by the equity method, was impaired due to a significant fall in the market price of its shares, and an impairment loss of 102,873 million yen was recorded in the three months ended September 30, 2019. As a result, net loss attributable to owners of the parent company was 31,888 million yen (compared with a profit of 142,282 million yen in fiscal year ended December 31, 2018), which caused a difference in earnings between the two fiscal years.
Beiträge wie 4803 oder 4802 (und ca. 1000 mit gleichem Autor) schnell zu löschen bzw. erst gar nicht zuzulassen. Ich würde sogar Spam der ersten Kategorie augenzwinkernd tolerieren, wenn uns der Dauerspammer dafür erspart bliebe.
: Lyft resumes shared electric bike rentals in NYC
Lyft resumes shared electric bike rentals in NYC By Tina Bellon February 19, 2020
NEW YORK (Reuters) - Lyft Inc will roll out a fleet of several hundred electric bikes for rent across New York City, the company said on Wednesday, 10 months after it pulled them following complaints and injury reports.
The bikes will be available at any of the city's nearly 900 Citi Bike stations for a per-minute fee, versus a flat rate for non-electric shared bikes.
New York, the most populous U.S. city with over 19 million people, is an attractive market for transportation providers. The city signed an exclusive deal with Lyft to operate its bike-share system after Lyft acquired the previous operator in 2018.
Named after program sponsor Citibank , the blue bikes have experienced surging demand since their debut in 2013. Last year, nearly 21 million trips were completed on about 12,000 bikes, up more than 18% from the previous year, according to city data.
Rakuten: Q4 Results Takeaways Include Firming up of Mobile Launch Timeline 14 Feb 2020 06:08
Rakuten posted Q4/FY19 results including the first annual net loss since FY08 on the back of accelerated investment in mobile and logistics. That was largely expected however and the big news is that Rakuten will unveil new mobile pricing on 3 March with a commercial launch confirmed for early April. The latter is a modest positive as it reaches sufficient scale to launch although as we explain in the report below we do not think the initial phase is a worry for incumbents. On the margin, Rakuten's launch should be good for KDDI (roaming fees) but less so for DoCoMo (MVNO subscriber erosion).
: CAGR of 14.3% during the forecast period 2019-2026
Over-The-Top (OTT) Services Market to Reach $86.80 Billion by 2026; Increasing Number of Company Collaborations Will Provide Impetus to Market Growth, says Fortune Business Insights? PR Newswire PUNE, India, Feb. 19, 2020 Key Companies Covered in Over-The-Top (OTT) Services Market Research Report Are Amazon.com, Inc., Netflix, Inc., Hulu, LLC, Google LLC, Apple, Inc., Facebook, Inc., Telstra Corporation Ltd., Rakuten, Inc., Microsoft Corporation, Roku, Inc., Kakao Corp., Vudu, Inc.
PUNE, India, Feb. 19, 2020
/PRNewswire/ -- The global over-the-top services market size is projected to reach USD 86.80 billion by 2026 . The increasing number of smartphone users will have a positive impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights , titled " Over-The-Top (OTT) Services Market Size, Share & Industry Analysis, By Service (Online OTT Services, Managed OTT Services), By Type (OTT Communication services, OTT Media services, and OTT Applications services), By Platform (Smartphones, Smart TV's, Laptops Desktops and Tablets and Others), and Regional Forecast, 2019-2026," the market was worth USD 30.23 billion in 2018 and will exhibit a CAGR of 14.3% during the forecast period, 2019-2026. Over-the-top services are digital video content providers over several platforms such as tablets, smartphones, and gaming consoles. The constantly rising number of smartphone users across the world will have a huge impact on the growth of the overall OTT services market in the coming years.
Rakuten said it would recognize about $365.6 million in profit from the Overdrive-sale in the first quarter of 2020
December 25, 2019
Private-equity firm KKR & Co. Inc. announced Tuesday afternoon that it has agreed to acquire Overdrive, which helps libraries and schools deliver digital content to users, from Rakuten Inc. . The two sides did not provide a price tag for the Ohio-based property, which Rakuten purchased for $410 million in 2015 , but Rakuten said it would recognize about $365.6 million in profit from the sale in the first quarter of 2020.
: Rakuten, Walmart's Grocery Unit Cash In Growth
By PYMNTS Posted on February 20, 2020
Walmart, which has been struggling in Japan for a number of years, is seeing eye-opening growth in its online food grocery delivery service, according to a report by Reuters.
Walmart?s venture into the online grocery sector is barely one year old, and it?s a partnership between Walmart?s Seiyu and eCommerce company Rakuten.
It?s seen 30 percent sales growth from October through December when compared to a year before, when Seiyu was trying to do the venture alone, according to Rakuten Seiyu NetSuper Chief Executive Tamae Takeda.
Also, aiding in Walmart?s good fortune is the fact that the partnership allows Seiyu to have access to Rakuten?s 99 million members, which has a farther reach than the company?s 333 stores in the country.
The tie-up also lets both companies handle the shrinking labor market more efficiently.
Takeda said that profitability for the venture was ?in sight,? although it would need to grow for another couple of years.
How is Rakuten different from your previous companies?
The agility! The speed at which we build things and make decisions. Rakuten is a big company, but it doesn?t act like one. Usually, to make a major decision in a big company you have to escalate it all the way up the ladder, getting approvals along the way. It can take six months, or even a year. At Rakuten, that same decision will happen in a month, or even a few weeks. That?s a big difference.
What would you tell someone considering joining Rakuten Mobile?
Strap yourself in! It?s all about speed here. Rakuten Mobile is a place for people who are excited by the notion of doing lots of different things in a short period of time, rather than building something slowly over a long period of time. We need to take Rakuten Mobile to a position where it can compete with the other major carriers. That means expanding coverage, achieving a high degree of quality and gaining the trust of the public. There?s still plenty of work to be done. In that sense, we?re still in the startup phase. You don?t really get the chance to build a completely new mobile carrier from scratch like this. It?s an incredible opportunity.
Looking to cut through the noise of other apparel ads, PacSun needed new audiences to boost website traffic and sales. These couldn?t be just any new audiences; they need to be audiences that would become loyal customers. To discover these audiences, PacSun tested a prospecting campaign using a comprehensive data set. Compared to a control group, this campaign returned:
73% average new customer rate. 321% higher return on ad spend. 260% higher conversion rate. 72% lower cost per acquisition.
?Rakuten Advertising technology and data has helped us reach new acquisition strategies that have grown our percentage of new customers every month.? ? Eugene Lai, Director of Digital Marketing, PacSun
: PagBank enters exclusive partnership with Cabify
From now on, Cabify drivers will be able to receive their payments through their PagBank account, and soon users will be able to request and pay for Cabify services in the PagBank application.
São Paulo, Brazil, February 17, 2020 - PagSeguro Digital Ltd., or PagSeguro (NYSE: PAGS), today announced an exclusive partnership with Cabify, an urban mobility platform, primarily focused on improving the method and timing of payments for Cabify's drivers.
Partner Cabify drivers who have a PagBank account will be paid their balances up to three times per week (currently, Cabify driver receive payment only once per week). Through the new partnership, PagBank will also offer special and exclusive benefits for Cabify partner drivers. In the future, Cabify drivers will eventually be able to receive their balances on a daily basis.
Oliver James Gray Matthew, CLSA Limited, Research Division - Head of Consumer, Japan and Korea: ?Second question, on the cost side. Obviously, this quarter, you have quite a large cost because you don't really have much revenue. Is this the kind of running cost we should expect, excluding marketing for the MNO? Or do you expect to see the cost to pick up??
Tareq Amin, Rakuten, Inc. - Group Executive VP & Chief Architecture Officer: ?No, actually, the cost highlighted are all CapEx cost, not operational cost. The operation cost is -- I mean, look, I think, arguably, probably across the 1,400-plus operator globally, you will never find operation cost cheaper than Rakuten Mobile. The CapEx investment, I think Miki also talked about it, we've already communicated to the markets in general, that we are on target to meet our financial plans and what we told for 4G and 5G. So we definitely will not go and ask for more money. We think we have even creative solutions that we're evaluating on how to continue to reduce CapEx cost as we go through. So for example, I'll give you one interesting data point. The approach is never to be content and happy about the technology. How do you evolve and advance. So majority of the cost that comes on us is actually in 2 buckets. One is about just the contraction of human beings and labors to go build sites. The second one is about this, what I call, 'IT servers'. This is now an evolution path that we have taken of how we constantly optimize cost targets for our servers, for our infrastructures and even for our future sites for phase 2 beyond our phase 1. They'll be dramatically, I think, cheaper because of the architecture we're going to build. Some of our concrete poles and towers will be a lot cheaper than deploying on top of rooftops. So these costs are not operational cost. These are just CapEx investment that we're doing today. On OpEx, we will start reporting this, but it will be remarkably, remarkably low compared to others.?
Singapore newcomer TPG Telecom selected Japan?s fourth operator Rakuten Mobile as its partner to run OpenRAN trials on a new network in the city state, advancing toward a 4G service launch this year. While the newcomer aims to launch a 4G network during 2020, GM and acting CEO Richard Tan said the trial can help accelerate the adoption of 5G networks with software-defined technology based on open interfaces and community-developed standards running on common hardware.
Australia-based TPG Telecom won a spectrum auction open only to new entrants to the Singapore market in December 2016. It launched a trial network in the city state in 2019, with coverage of 99.7 per cent at end-June.
Rakuten Mobile CTO Tareq Amin noted Singapore?s high fibre density makes it uniquely suited for rapid OpenRAN adoption.