TSE:4755
TSE:4755Multiline Retail

Rakuten Group (TSE:4755) Eyes Growth with Mizuho Alliance and Mobile Subscriber Surge

Rakuten Group (TSE:4755) is making significant strides in the telecommunications sector, with its mobile subscriber base reaching 8.12 million lines, and achieving a notable profitability milestone with a non-GAAP operating income of ¥12.3 billion. Despite these advancements, the company faces challenges such as attracting senior customers and dealing with high initial customer support costs, although AI integration has helped mitigate these issues. The following report delves into Rakuten's...