Rakuten Group, Inc. (OTCMKTS:RKUNF – Get Free Report)’s share price rose 3.8% on Tuesday . The company traded as high as $5.7860 and last traded at $5.7860. Approximately 50 shares were traded during trading, a decline of 78% from the average daily volume of 231 shares. The stock had previously closed at $5.5740.
Rakuten Group Price Performance
The business’s 50 day moving average is $6.03 and its 200-day moving average is $5.98.
About Rakuten Group
Rakuten Group, Inc is a Tokyo‐based technology conglomerate best known for its e-commerce marketplace, Rakuten Ichiba, one of Japan’s largest online retail platforms. Since its establishment in 1997 by Hiroshi Mikitani, the company has diversified into a range of digital services spanning fintech, digital content, communications and logistics. Key services include Rakuten Card (credit and payment solutions), Rakuten Bank (online banking), Rakuten Securities (investment services), Rakuten Travel (online travel agency) and Rakuten Kobo (e-books and digital reading devices).
In addition to its core marketplace business, Rakuten has expanded into telecommunications through the launch of Rakuten Mobile, a fully virtualized, cloud-native mobile network service.
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