The less bumpy way to ride e-commerce = Rakuten (Seite 166)

[FlankerStan]

Points from Rakuten Mobile

https://k-tai.watch.impress.co.jp/docs/review/1474731.html

[FlankerStan]

But Rakuten has hedged the ownership in Lyft to a higher share-price

Rakuten Updates Holdings in LYFT (LYFT)

February 06, 2023 — 04:03 pm EST

Fintel reports that Rakuten has filed a 13G/A form with the SEC disclosing ownership of 31.40MM shares of LYFT. This represents 8.91% of the company.

In the last filing dated February 10, 2022 they reported owning 9.45% of the company, indicating no change in their holdings.

Analyst Price Forecast Suggests 33.63% Upside

As of February 6, 2023, the average one-year price target for LYFT is $23.22. The forecasts range from a low of $11.11 to a high of $69.43. The average price target represents an increase of 33.63% from its latest reported closing price of $17.38.

The projected annual revenue for LYFT is $4,935MM, an increase of 26.86%. The projected annual EPS is $0.90.

https://www.nasdaq.com/articles/rakuten-updates-holdings-in-…

[FlankerStan]

Rakuten owning between 40% and 50% of Cabify

Cabify launches logistics brand

14th October 2022

Cabify, the international multi-mobility platform, has opened a new chapter in its diversification of mobility solutions, this time aimed at the storage and transfer of goods, with the launch of the new Cabify Logistics brand in Spain and Latin America. With this new line of business, the company seeks to continue to grow and consolidate its position as an ally of mobility in cities, offering a safe, efficient, and sustainable quality service, taking advantage of the potential of technology.

The company aims to close the year growing five times more than last year in this new line of business. To this end, Cabify expects to invest $20m in Cabify Logistics. The main focus of Cabify Logistics will continue to be the urban last-mile logistic service in Spain, Colombia, Argentina, Peru, and Chile for companies in sectors such as e-commerce, retail or pharma.

Specifically, in the Latin American market, the strategy will focus on offering immediate deliveries to supermarkets and retailers. Also, in this region, the company has started offering last-mile logistics services for restaurants that already have their own delivery order channel or use online ordering systems such as Chile’s Mercat. Chains such as Wendy’s and KFC in Argentina already use Cabify Logistics as a logistics provider. In the case of Chile, Mercat’s partner restaurants can find Cabify as a delivery option directly from the marketplace platform.

In the coming months, Cabify Logistics will continue to work on strengthening the technology that supports the operation to remain a leader in routing, real-time tracking, and warehouse management. The customisation of Cabify Logistics’ service is based on the constant development and adaptation of its technology according to the needs of its customers and on offering a user-friendly experience. In that sense, the company is looking to add new integrations with e-commerce and logistics platforms to offer a more agile way to customers who wish to start using the service.

“We are betting heavily on Cabify Logistics and will invest in strengthening our technology and team. This line of business started with five people, and to date, there are already more than 50 of us, in addition to Cabify’s central resources. We are reinforcing the team in the countries where we operate to scale the service we provide to our customers, and we will invest in strengthening our customer service centre and its technology to accelerate our 24/7 multichannel service,” Pascual said.

In terms of fleet, the company will continue to offer motorbike and car services in Latin America, where it is already the leader. As a novelty, it plans to introduce one tonne or more cargo vehicles soon and to continue increasing the electric and zero-emission fleet by including bicycles and electric scooters. In the case of Spain, 100% of Cabify Logistics’ own fleet are electric vans dedicated exclusively to the parcel service.

https://www.logisticsbusiness.com/uncategorised/cabify-launc…

[FlankerStan]

zu 9098

Rakuten Symphoy is the enabler of radio access network innovation, who can without problems compete with the incumbent vendors’ traditional, integrated systems when it comes to meeting operators’ immediate needs.

[FlankerStan]

Why Open RAN lacks immediate appeal

February 06, 2023

Open RAN will eventually become the norm, believes Appledore Research principal analyst, Francis Haysom, but right now the multivendor, disaggregated architecture is struggling to live up to its reputation as an enabler of radio access network innovation and cannot compete with the incumbent vendors’ traditional, integrated systems when it comes to meeting operators’ immediate needs, he notes.

[FlankerStan]

Big names clash for top industry awards

Shawn Johnson February 6, 2023

Another new category is Best Cloud Solution, which includes Axiata Digital Labs, Juniper Networks, Mavenir, F5 and Rakuten Symphony.

biz.crast.net/big-names-clash-for-top-industry-awards/

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We are Symphony: A conversation with Sara Colaiuta
By Suddhaloke Choudhury
Global Content and Social Media Manager

Sara Colaiuta, Technical Program Manager, talks about the thrill and reward of joining a company that is pushing true innovation in connectivity as well as how she draws inspiration from the world’s best fictional boxer.
Tell us a little bit about your journey to Rakuten Symphony.
I’m originally from Rome, Italy, and started my career at LG as a Radio Frequency Engineer right after graduation. It was the idea of connecting people all over the world that drew me in. My role at LG was technical but I wanted to explore more of how the business side worked and this took me to Accenture. This is where I first learned about Rakuten Mobile and the concept of Open RAN that Rakuten Symphony (before it was even named Rakuten Symphony) was developing. I considered this a real innovation. Something that you don’t come across often.
After spending some time with an Italian telco company helping to reduce the “digital divide” and providing connectivity there, I challenged myself for a role at Rakuten Symphony. When I got the offer, I took the leap and moved to Japan. This was one year ago!
I’m fascinated by the automation and standardization that Open RAN offers and being able to explore this here with my colleagues is an ongoing highlight in my career.
What does a day in the life of Sara look like?
I manage the Engineering team and the product growth for one of Rakuten Symphony’s key portfolio products called Symworld™ platform. Think of it as an App Store full of apps developed by telecom and non-telecom companies that mobile network operators can then pick and choose from based on their individual networks’ needs. There’s nothing out there in the industry like Symworld™.
Planning and strategizing are essential parts of my job. My day starts with many different meetings with customers and vendors to ensure their needs and requirements are understood and translated into actions for my teams. I then review progress and consult on other goals to ensure our product is running smoothly. Every day brings something new, which is why my job is so exciting - I never get bored!
Where do you draw your motivation and inspiration from?
Sylvester Stallone, and his movie Rocky, is one of my biggest inspirations. When he submitted the script's first draft, Stallone was a nobody in the film industry, and all the production studios kept rejecting him. He tried and failed over and over again. But this "never say never" attitude led him to become who he is today. One of my favorite quotes from him, which pushes me to keep going and always be a better version of myself is: “It ain’t about how hard you hit; it’s about how hard you can get hit and keep moving forward. That’s how winning is done.”
I think this is particularly important for what we’re doing in the telecom world. If we want to improve how we connect with others, we have to keep looking for new ways forward!

How do you recharge from your busy day-to-day?
I love going out into nature. Since I moved to Japan, I started snowboarding and now, I’m in love with it. Whenever I have the chance, I try to go snowboarding over the weekends in places around Nagano and Niigata prefecture! It lets me be present in the moment and disconnect myself.
I also love drawing and playing music. I might not be the best neighbor though since you’ll find me often singing around my house while listening to my favorite artists such as Queen or Sia.
"Rakuten Symphony is an extremely flat organization and my colleagues come from a lot of different backgrounds, cultures and experiences. This creates a great environment for open ideas and honest communication."
How would you describe what’s special about Rakuten Symphony?
People here dare to think differently. I know that might sound a bit cheesy but everyone is encouraged to bring their perspectives and ideas to the table to improve services and products. Rakuten Symphony is an extremely flat organization and my colleagues come from a lot of different backgrounds, cultures and experiences. This creates a great environment for open ideas and honest communication.
For example, when we had our first release for Symworld™ Platform, people were so collaborative. In the end, we created something that was beyond even our own initial expectations.
What advice do you have for people considering to join Rakuten Symphony?
Here, you’ll be part of a company that is actually pushing boundaries, and this means you’ll have a lot of opportunities at your fingertips to develop new skills that will help you become more valuable in your future career. So believe in yourself, step out of your comfort zone and welcome the challenge. You’ll go further than you ever thought you could!

https://www.reddit.com/r/RakutenUndervalued/comments/10vhm12…

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Number of accounts near tripled in 10 years: from 4.26 million to 12,31 million

Rakuten Bank's number of bank accounts 2013-2022

Published by Statista Research Department, Dec 7, 2022

As of March 2022, the number of bank accounts at Rakuten Bank, Ltd. reached 12.31 million. Rakuten Bank was the first online bank in Japan to surpass 10 million accounts. Since 2012, the number of bank accounts has more than doubled.

https://www.statista.com/statistics/1230750/rakuten-bank-num…

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After my estimates Rakuten will only sell 19,99%, enough for proceeds of $ 750 million

The 10 biggest Asian IPOs to watch out for in 2023: ECM Watch

December 23, 2022

Rakuten Bank

Bloomberg reported in September that the banking arm of the Japanese online retailer Rakuten Group had selected banks for a listing in Tokyo. Assuming a sale of a 35% stake, Rakuten could raise up to 140 billion yen (US$1 billion), according to Bloomberg Intelligence.

www.theedgemarkets.com/node/649335

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Rakuten Shopping Marathon

https://www.roomie.jp/2023/02/960535/?lang=en