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Rakuten ( (JP:4755) ) has issued an announcement.
Rakuten Group, Inc. has announced a business alliance between its subsidiary Rakuten Mobile, Inc. and U-NEXT Co., Ltd., launching a new package called ‘Rakuten Saikyo U-NEXT’. This package allows users to access U-NEXT’s content with unlimited data, potentially enhancing Rakuten’s market position in digital content distribution. The financial impact of this alliance is still under review, with further disclosures to be made as necessary.
The most recent analyst rating on (JP:4755) stock is a Hold with a Yen850.00 price target. To see the full list of analyst forecasts on Rakuten stock, see the JP:4755 Stock Forecast page.
More about Rakuten
Rakuten Group, Inc. operates in the e-commerce and digital services industry, offering a wide range of products and services including mobile telecommunications through its subsidiary Rakuten Mobile, Inc. The company is focused on expanding its digital content offerings and enhancing user experience.
Average Trading Volume: 18,574,980
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen2096.1B
See more data about 4755 stock on TipRanks’ Stock Analysis page.