TOKYO (dpa-AFX) - Rakuten Group, Inc. (4755.T), a Japanese ecommerce, fintech, digital content company, Monday reported earnings on higher revenue for the first quarter compared to a loss for the same period last year.
Quarterly net earnings were ¥27.19 billion or ¥3.44 per share compared with a net loss of ¥40.07 billion or ¥23.58 per share of last year.
Revenue increased to ¥665.47 billion from ¥596.37 billion of previous year.
Currently, shares are trading at ¥864, down 2.54% on the Tokyo Stock Exchange.
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