The less bumpy way to ride e-commerce = Rakuten (Seite 287)

[FlankerStan]

Endlich auch echter Cash Back in Deutschland

https://rakuten.de/ereignis/cashback?utm_source=newsletterDE…

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zu 7948

REUTERS

MAY 04, 2022 / 06:51 AM

Dish is building a 5G network using latest technologies that promises to lower costs and bring in new services, and has tied up with companies ranging from Amazon and Intel to smaller ones such as Altiostar and Mavenir.

https://www.moneycontrol.com/news/world/samsung-signs-deal-w…

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Rakuten subsidiary Altiostar is on of the 13 top players in the global Cloud Radio Access Network marketplace

Top players in global Cloud Radio Access Network marketplace:

May 2, 2022

Ericsson AB
ZTE Corporation
Altiostar
Fujitsu
NEC Corporation
Mavenir
Cisco Systems, Ltd. and Inc.
Nokia Corporation
ASOCS Ltd.
Intel Corporation
Datang Mobile
Samsung Electronics Co Ltd.
Huawei Technologies Co.

https://tiorienteering.ch/cloud-radio-access-network-market-…

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Rakuten Symphony poises for disruption with Symworld

By Dean Ramsay, Principal Analyst, TM Forum February, 2022

On the call with press and analysts this week, Rakuten Symphony announced that its sales pipeline looked incredibly healthy with $3 billion in bookings, and also revealed its latest development in its cloud-native operations journey: Symworld, an app store for building telecoms networks.

This is apparently the realization of a long-held ambition for Tareq Amin, Chief Technology Officer at Rakuten Group and Rakuten Symphony CEO, and will see Symphony customers buying cloud-native apps for OSS, engineering tasks, network management knowledge and people management, or whatever they need to build and run a network.

This concept is of course nothing new, but it is not the industry’s principal procurement or IT deployment model today, so there is an opportunity if Symphony can make it work.

The idea of an app store of modular components that are pre-approved to interoperate fits neatly into many operators’ cloud evolution strategies and may go some of the way to allaying their fears around the management of hyperscaler relationships.

At first the plan is to sell Symphony’s own software apps, with a surprisingly large initial offering of 54 products, but then open up to the vendor community to embed their own apps in the store. For an idea of who may be open to this idea in the first instance, the group of vendors that supply Rakuten Mobile in Japan is a good place to start. Amin has said in the past that the mobile operator group within the company is like a ‘live lab’ for Symphony, hammering out concepts before bringing them to market in the vendor.

https://inform.tmforum.org/cloud-native-it-networks/2022/02/…

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A High-Quality Core Business

Japanese e-commerce sector and gaining even more dominance every year. It is highly profitable and with very strong margins compared to other generalist e-commerce platforms like Amazon or Alibaba.

As a stand-alone company, this segment could single-handily justify the current market valuation of the Rakuten Group, with all the rest of the company offered for free.

finmasters.com/rakuten-stock-research-report/

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Extended Summary: Why Rakuten?

Rakuten is a large conglomerate of e-commerce, financial, telecom, and consumer service dominating the Japanese online economy. The telecom segment has been a major cash drain and spooked investors out. The strong growth and quality of the core business have been ignored and left the company undervalued. The mobile business is set to turn profitable and this should change the narrative (and valuation multiples) around Rakuten.

https://finmasters.com/rakuten-stock-research-report/

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Rakuten (RKUNY) Stock Analysis By: JONATHAN SCHRAMM Last Updated: April 15, 2022

In this report, I will show the following:

The quality and growth of e-commerce segment alone coils support a much higher market cap. We will also discuss why some Japanese equities deserve a second look, especially growing and modern companies.

The capital intensive phase of the mobile operations is largely done. Their losses should drop dramatically and they might even turn profitable.

The Rakuten ecosystem is a world-class moat, and the mobile activity reinforces it

The financial branch of the company is largely not discussed, despite large opportunities available in Online Banking, FinTech, Insurtech, and for monetizing the data collected.

The investment in mobile network technology has been used to develop a unique technology stack, similar to what Amazon did with AWS. It could be massively adopted abroad by low-cost mobile operators, as demonstrated by some recent high-margin sales of the solution. This will also transform Rakuten’s investing profile from “Japan e-commerce” to a diversified international tech conglomerate.

https://finmasters.com/rakuten-stock-research-report/

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Vergleicht das einmal mit den Aussagen im Artikel in 7938

The facts: Rakuten had been growing faster than Amazon between 2019 and 2021 (11.2% vs. 6.3%)

Rakuten is the second-largest online marketplace in Japan based on online website visits, only trailing behind Amazon. Though, Rakuten had been growing faster than Amazon between 2019 and 2021 (11.2% vs. 6.3%). However, it faces competition from other marketplaces such as Mercari, ZOZOTOWN (OTCPK:SATLF) and Qoo10 Japan. As seen in the table below, only Qoo10 Japan had a higher growth rate than Rakuten, but it also had considerably lower monthly visits than Rakuten.

Online Marketplaces Monthly Visits in Japan ('mln')

2019

2021

Growth %

Amazon

523

555.8

6.3%

Rakuten

489.5

544.3

11.2%

Mercari

70.3

75.2

7.0%

ZOZOTOWN

47

43

-8.5%

Qoo10 Japan

11.3

14.4

27.4%

https://seekingalpha.com/article/4501093-rakuten-group-stock…

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zu 7941: Wozu ich noch bemerke möchte, dass meine Preisziele höher liegen, und zwar

bei $15 Ende 2022 und

bei $ 25 Ende 2023.

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Und schließlich eine dritte Meinung aus diesem April auf Seeking Alpha

Rakuten Group: Japanese E-Commerce Leader

Apr. 12, 2022

Summary

As one of the leading e-commerce platforms in Japan, we determined its customer satisfaction advantage and projected its user growth at 7.47% through 2026.

Also, we expect its ARPU growth to be supported by its cross-selling strategy through its ecosystem and projected to grow at 6.13% per year through 2026.

However, we expect its Mobile segment to weigh on the company's profitability as it expands its 5G network and remains unprofitable in 2022.

Verdict
We believe Rakuten is poised to benefit from the rise of the e-commerce market in Japan with a leading position only behind Amazon and high customer satisfaction. However, we also expect tough competition from Amazon, the market leader, with more visits, as well as having a higher number of product listings and a variable fee structure. We expect Rakuten’s member growth to continue growing with a 5-year average of 7.47% growth assumption through 2026. Additionally, we believe through its cross-selling strategy, its ARPU growth outlook at a forecast growth rate of 6.13% is supported as customers purchase more from its platform and complement other revenue segments. However, we expect the mobile segment to remain unprofitable and the future competition for the 5G network in Japan could intensify as Rakuten expands aggressively in the country. With the sum of the parts valuation, we rate the company as a Strong Buy with a price target of $11.71.

https://seekingalpha.com/article/4501093-rakuten-group-stock…