Rakuten Reports Positive Financial Results in H1 2017

Tokyo-based electronic commerce and internet giant Rakuten Inc. today reported its consolidated financial results for the half-year period ending June 30, 2017, which showed strong and steady growth across key operating metrics compared to 2016.

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One of the group’s subsidiaries, Rakuten Securities, is one of the largest Japanese FX brokers, and operates regional businesses including in Hong Kong, following an Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of one of FXCM’s prior businesses nearly two years ago.

For H1 2017, Rakuten Inc. revealed that revenues from continuing ‎operations pointed higher, coming in at ¥440.09 billion ($3.97 billion), a gain of 19.3 percent ‎YoY from ¥ 368.9 billion ($3.32 billion) in the six months ending June 30, 2017. ‎Additionally, Rakuten group yielded an operating income of ¥68.6 billion ($619 million) during the first half of 2017, a gain of 39.2 percent from only ¥49.3 billion ($444 million) the year earlier. ‎

The same narrative was noted across the net income metric, with the group’s profit in H1 2017 coming ‎in at ¥40.2 billion ($363 million) which is up 49.2 percent compared to ¥26.97 billion ($243 million) in H1 2016.

Earlier this month, Finance Magnates reported on Rakuten when the company announced the future launch of Rakuten Data Marketing, a new Tokyo-based company that will offer Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term, data, and mass media services. Company operations will begin in October 2017.