Rakuten Bank, Ltd. 5838

Rakuten Bank has delivered a very strong 150.6% return over the past 3 years, yet the current share price leaves an open question about whether that performance is backed by the returns it earns on its capital. With the stock recently giving back some ground, investors are increasingly asking how much of that long run-up is supported by the underlying economics of the business. The 150.6% gain over 3 years puts real weight on the issue of whether Rakuten Bank's current valuation can be...

Mizuho Financial Group Inc. (NYSE:MFG) is one of the top value stocks to buy under $10. On May 20, Mizuho Bank and Rakuten Bank entered into a strategic capital and business alliance to create a new credit model that bridges megabank corporate expertise with digital bank retail reach. This partnership aims to optimize the circulation […]

Mizuho is studying options tied to Rakuten Group's planned financial-business reorganization, while Rakuten says nothing has been decided.

Rakuten, the company that runs Japan’s largest e-commerce platform, banking app, telecom network, and loyalty programme, just added XRP (CRYPTO: XRP) to its payment infrastructure. Starting April 15, Rakuten Wallet users can buy XRP with Rakuten Points, hold it in their wallet, and convert it to Rakuten Cash to spend at over 5 million merchant ... XRP News: 44 Million Rakuten Users Can Now Buy and Spend XRP at 5 Million Stores Across Japan

TOKYO (Reuters) -Japanese e-commerce and finance heavyweight Rakuten is weighing an initial public offering in the United States of its credit card business, according to two sources familiar with the matter. Rakuten began considering a potential U.S. listing of one of Japan's largest credit card businesses last month, the sources said. One trigger for considering a U.S. IPO of Rakuten Card was rival SoftBank's plans to list app pay operator PayPay in the U.S., the source said.