Rakuten

Rakuten Launches Its Third Dollar Bond Offering of 2024 Amid Market Developments

18 days ago

In a strategic move to bolster its financial standing, Japanese e-commerce giant Rakuten has officially commenced the marketing process for its third dollar bond offering in 2024. This decision comes as the company seeks to stabilize its balance sheet and expand its access to international capital markets. The dollar-denominated bonds are anticipated to attract a wide range of institutional investors, enhancing Rakuten's position in a competitive landscape.

Rakuten Reenters Dollar Bond Market with Ambitious Hybrid Notes

20 days ago

In a significant financial maneuver, Japanese e-commerce giant Rakuten has announced plans to re-enter the dollar bond market, aiming to raise substantial funds through the issuance of hybrid notes. This move is indicative of Rakuten's ongoing strategy to strengthen its financial position amid evolving market conditions and its increase in global market activities.

Rakuten Offloads 15% Stake in Mizuho Credit Card Arm for Over $1 Billion

1 month ago

In a strategic move to enhance its financial standing, Rakuten Inc., one of Japan's leading e-commerce giants, has successfully divested a 15% stake in its credit card subsidiary, a partnership with Mizuho Financial Group. This transaction, which has been valued at over $1 billion, signifies a substantial shift in Rakuten’s financial strategy as the company navigates through competitive pressures and seeks to bolster its capital reserves.