#Latest news with #wirelessoperationsBloomberg14-05-2025BusinessBloombergRakuten Reports Another Loss After Financing Costs MountRakuten Group Inc. reported its 19th straight quarterly loss after financing costs mounted and it sought to turn around its struggling wireless operations. The Japanese e-commerce pioneer reported a net loss of ¥73.47 billion ($500 million) in the three months ended in March, compared with a ¥42.39 billion loss a year ago.
Bloomberg14-05-2025BusinessBloombergRakuten Reports Another Loss After Financing Costs MountRakuten Group Inc. reported its 19th straight quarterly loss after financing costs mounted and it sought to turn around its struggling wireless operations. The Japanese e-commerce pioneer reported a net loss of ¥73.47 billion ($500 million) in the three months ended in March, compared with a ¥42.39 billion loss a year ago.