Rakuten Reports Record Third-Quarter Revenues, up 17.7% YoY

[kreslik.news]

Rakuten Inc., a Japanese e-commerce giant, has reported its consolidated financial report for the third quarter and nine months ended September 30, 2019. The firm, which is the parent company of Rakuten Securities, reported a solid quarter, with third-quarter revenue at a record high.

For the third quarter of 2018, the company achieved a record revenue of ¥278.2 billion ($2.45 billion). This is an increase of 17.7 per cent when compared to the same period last year, which recorded a revenue of ¥236.4 billion.

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For the first nine months of 2018, Rakuten also ... (read more)