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© (c) Copyright Thomson Reuters 2019.Rakuten profit jumps fourfold on $1 billion Lyft stake gain
By Sam Nussey TOKYO©2024 GPlusMedia Inc.
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robert maes
I always said Mikitani is running Rakuten into the ground. Lyft is longterm an unsustainable business concept and he has overpaid for many foreign acquisitions. Rakuten mobile will fail, he entered that market too late and the 3 big guys will counter him on pricing moves if he tries that. The shrinking population and an outdated website will hurt the core rakuten business, amazon will do the rest. His branding and corporate image efforts in sportsmarketing are madness with no strategy between the different sponsorships. Rakuten will be one of the first big victims in the next financial crisis
Wallace Fred
Lol oh boy, you really have no idea what's about to happen. I'd advise you to hang onto your breeches
ozellis
I have actually bought something on Rakuten. It wasn't a bad experience but Amazon just smokes them for ease of use for foreigners.
I will be totally shocked if they can get any traction in the mobile biz. Great, relatively cheap plans offered by Yahoo Mobile on Softbank's network.
Honestly, what kind of customer changes carrier to get a 100 yen discount a month??
drlucifer
Things are more expensive on Rakuten compared to Amazon because of the extremely
high cost of maintaining a store at Rakuten. With cheapest plan costing 19,500yen per month
payable in one instalment you get 500MB for pics and listing limit of 5,000 items, Servers don't
cost anything it is unbelievable that Rakuten is not investing in the market place which it is it's core
business.