Rakuten (Neutral) - Q2 21 Results Reaction: Roaming Costs Have Become a Big Deal
Rakuten posted solid eCommerce/Fintech results but these are overshadowed by mobile operating losses. The good news is peak losses should fall in...
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Komehyo Combats Online Threat with More Stores
Re-use retailers often get a hard rap given the growing dominance of Mercari but many Japanese still support re-use stores for both buying and...
200 Views
Rakuten (Neutral) - Long-Promised Debut as Mobile Network SI Has Finally Dropped
Rakuten has unveiled its mobile network-aaS business through a 10-yr contract with Germany's 1&1. Another revenue stream helps de-risk mobile but...
178 Views
Kakao Bank - MSCI Done, Missed FTSE by a Whisker.
Kakao Bank (KB), South Korea’s largest digital bank, raised US$2.2bn in its South Korean IPO. It ended the first day of trading up 79% from its IPO...
359 Views
KDDI (Buy): Q1 21 Results – Weak Consumer Offset by Solid Corporate Sales
Q1 21 results were mixed with lower revenue but a profit beat. Weakness in retail mobile is more than offset by revenue in other areas including...
331 Views