Rakuten Secures Yen Funding Amid Market Volatility

Rakuten, a Japanese e-commerce company, has issued a yen-denominated bond offering worth approximately $1 billion. The company has engaged with banks to secure funding.

Recent Stock Performance

Rakuten’s stock price has experienced significant fluctuations over the past year. Key milestones include:

• 52-week high: 1069.5 JPY
• 52-week low: 649.6 JPY
• Last close: 800.4 JPY

Valuation Metrics

Rakuten’s valuation metrics are as follows:

• Price-to-earnings ratio: -8.99
• Price-to-book ratio: 2.13