Press "Enter" to skip to content

Rakuten quarterly profit almost wiped out as investment weighs, Lyft stake slides

Rakuten Inc’s quarterly operating profit was almost wiped out in the three months ended September as investment in its e-commerce and mobile units weighed on profits, with the value of its bet on ride-hailing firm Lyft also sliding further.

Source:: Technology News

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *