Rakuten Logs Net Loss for 6th Straight Year
Tokyo, Feb. 14 (Jiji Press)--Rakuten Group Inc. said Friday that it posted a consolidated net loss for the sixth straight year in the business year ended December 2024, weighed down by heavy investment in its mobile phone business. The group reported a net loss of 162.4 billion yen, narrower than the previous year's loss of 339.4 billion yen, reflecting an increase in its number of mobile ph...
Tomas Kauer - News Moderator 
Tokyo, Feb. 14 (Jiji Press)--Rakuten Group Inc. said Friday that it posted a consolidated net loss for the sixth straight year in the business year ended December 2024, weighed down by heavy investment in its mobile phone business. The group reported a net loss of 162.4 billion yen, narrower than the previous year's loss of 339.4 billion yen, reflecting an increase in its number of mobile ph...
