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David Dolan - 2 Japan's Rakuten - 1 Hiroshi - 1 Mickey - 1 Rakuten - 1 Mitsunobu Tsuruo - 1 Rakuten's - 1 NTT Docomo - 1
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TOKYO ARPU . New York Tokyo New York U.S Astris Advisory Japan Japan
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Search resuls for: "PayPay"


4 mentions found


☆ Rakuten's mobile misadventure: from ambitious plan to millstone
  + stars: | 2023-11-29 | by ( Anton Bridge | ) www.reuters.com   time to read: +5 min
By any measure, cash-bleeding Rakuten Mobile is deeply troubled. Rakuten is set for another tough year in 2024 with investors keen to see if it can achieve its goal of having the mobile unit break even. Those steps have raised some 800 billion yen ($5.4 billion). Then in October, SoftBank Corp (9434.T), Japan's No.3 mobile network provider, began offering a generous reward campaign for most mobile users using SoftBank Group's (9984.T) PayPay online payment system. Without profits, the mobile unit is not likely to entice would-be suitors and competition laws would probably prevent the likes of SoftBank and Docomo from bidding.
Persons: Japan's Rakuten, Hiroshi, Mickey, Rakuten, Mitsunobu Tsuruo, Rakuten's, NTT Docomo, Mikitani, Amir Anvarzadeh, Anton Bridge, David Dolan, Edwina Gibbs Organizations: Citi, Amazon Japan, Rakuten Securities, Rakuten Bank, SBI Securities, GUNNING, Rakuten Mobile, Reuters, NTT, SoftBank Corp, Asymmetric Advisors, Thomson Locations: TOKYO, ARPU
☆ Exclusive: SoftBank considering US listing for its PayPay business - sources
  + stars: | 2023-07-12 | by ( Sam Nussey Miho Uranaka | Sam Nussey | Miho Uranaka | ) www.reuters.com   time to read: +3 min
The timing of the listing was still unclear as money-losing PayPay needs to first demonstrate a clear path to profitability, the source said. SoftBank has previously set a PayPay listing as a goal, with one executive saying in November it was worth just under 1 trillion yen ($7.17 billion). Representatives for PayPay and SoftBank Group's (9984.T) domestic telecoms business, SoftBank Corp (9434.T), said they would not comment on speculation. PayPay is owned by SoftBank Corp, its internet business, Z Holdings (4689.T), and the group's second Vision Fund. PayPay booked a loss before interest, taxes, depreciation and amortisation of 11.9 billion yen in the year ended March, compared to a loss of 43.2 billion yen a year earlier.
Persons: SoftBank, SoftBank Group's, Kirk Boodry, Son, PayPay, Sam Nussey, Miho Uranaka, Scott Murdoch, David Dolan, Muralikumar Organizations: Companies, Z Holdings, PayPay, SoftBank Corp, Vision Fund, SoftBank, Syla Technologies, Rakuten Bank, SBI Sumishin, Bank, Astris Advisory, Mobile Marketing, Cambridge, Thomson Locations: . New York, Tokyo, New York, U.S, Astris Advisory Japan, Japan, England
☆ Elon Musk accuses Ralph Nader of 'lying' over claims he took 'taxpayers to the cleaners' with Tesla
  + stars: | 2023-02-25 | by ( Sam Tabahriti | ) www.businessinsider.com   time to read: +3 min
Elon Musk accused Ralph Nader of lying after claiming he took "taxpayers to the cleaners" with Tesla. Nader, 88, accused Musk of taking "taxpayers to the cleaners for his factories and for Starlink. Musk responded: "Ralph Nader, you are lying – shame on you! I personally provided almost all Tesla funding, based on my proceeds from PayPal." Musk added in his tweet to Nader that the "first meaningful government funding" Tesla received was in the second quarter of 2010.
☆ Meet Maye Musk, the Sports Illustrated cover model and the glamorous mother of one of the richest men in the world
  + stars: | 2023-02-04 | by ( Grace Kay | ) www.businessinsider.com   time to read: +13 min
Despite her support for her children, Maye Musk has been a celebrity in her own right for decades. Maye Musk Maye Musk attended the Met gala with Elon Musk last year. "They followed their passions, and they all went in different directions," Maye Musk told Insider in a 2020 interview. Elon Musk, in particular, had tried his hardest in school, but only in the subjects he liked, Maye Musk said. Even at 14 years old, Maye Musk said Elon Musk had shown a passion for investing.
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