Rakuten (JP:4755) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Rakuten Group, Inc. has announced the cancellation of its planned reorganization of the FinTech business, which was previously intended to boost sustainable growth and enhance corporate value. The decision to not proceed with the reorganization was based on the conclusion that it would not be the best option for expanding the FinTech Ecosystem and improving competitive advantage.
For further insights into JP:4755 stock, check out TipRanks’ Stock Analysis page.