Rakuten wesentlich besser als Rocket
By Luke Bouma on January 9, 2019 in All News, News, Roku News
Rakuten is probably best known for owning companies like Viber, Lyft, and eBates. Yet they also own VIKI, a streaming service focusing on content from Korea, China, and Japan. Now that service is expanding to add support for Roku TVs and players.
Viki, a play on the words video and wiki, is the global TV site where millions of people discover, watch and subtitle global primetime shows and movies in more than 200 languages. Together with its fans, Viki removes the language and cultural barriers that stand between great entertainment and fans everywhere.
VIKI recently launched on Roku and supports Android TV, Apple TV, Fire TV, Chromecast, and mobile devices.
https://www.cordcuttersnews.com/...ina-japan-launches-on-roku-player/
In den USA ist Roku TV mit rund 37 Prozent der Marktanteile im Streaming-Bereich der Marktführer. Deutlich vor Konkurrenten wie Google Chromecast, Amazon Fire TV oder eben Apple TV. Um diesen Status aufrecht zu erhalten, plant das US-Unternehmen mit ein Upgrade seiner bisherigen Produkte.
http://www.mediacenter-pc.com/roku-tv/
Spanish startup Glovo to raise funds for new Latam tech center
SAO PAULO (Reuters) - Spanish delivery startup Glovo is planning a new fundraising round in the first quarter to fuel a Latin American expansion that will include a second technological center in the region, its Brazilian country manager said on Wednesday.
Bruno Raposo said Brazil is likely to overtake Spain in terms of Glovo’s deliveries this year, as the startup spreads to some 50 cities across Latin America’s largest economy from 21 urban centers there.
https://www.reuters.com/article/...ew-latam-tech-center-idUSKCN1P32LK
"With a 5-year investment, the revenue is expected to be around +384.05%. Your current $100 investment may be up to $484.05 in 2024."
https://walletinvestor.com/stock-forecast/rkunf-stock-prediction
On the domestic front, our Rakuten Ichiba marketplace continues to grow, as does Rakuten Travel, Rakuten Point Card, Rakuten Pay and many other businesses in our robust and dynamic ecosystem. Roughly a decade since launch, Rakuten Card is the biggest credit card in Japan (by transaction value) and our vibrant fintech businesses continue to play a key role in the expansion of our ecosystem here.
Globally speaking, Ebates, our cashback rewards service based in North America, is continuously growing. A new initiative that offers rewards to Lyft users has proved very popular and is part of our growth beyond shopping – to offline and digital commerce. The partnership between Rakuten Marketing and Ebates is getting stronger, Rakuten Viber reached 1 billion registered members and, for the first time, Rakuten Kobo launched our e-reading services in the U.S. in a big way, in partnership with Walmart. Rakuten Institute of Technology, our research arm, now operates from six centers around the world, from San Mateo to Bengaluru.
On a different note, and one that is very close to my heart, we recently made a meaningful investment in the biotech company Rakuten Aspyrian, which I have also invested in personally for some time. Rakuten Aspyrian has been developing new precision-targeted anticancer therapies based on a photoimmunotherapy platform and in 2019 we hope to see this innovative and potentially lifesaving technology continue to make strides.
https://rakuten.today/blog/mickey-new-year-greetings-2019.html
2013 2014 2015 2016 2017 §
EPS (Diluted) 32.41 53.15 32.09 26.74 79.28
https://www.marketwatch.com/investing/stock/rkunf/financials
Starke Kurssteigerungen werden wir vermutlich in dem Moment erleben, wenn noch klarer wird, was m.E. eigentlich jetzt schon klar ist, dass in 2019 und 2020 kein Drittelungen oder Viertelungen des Gewinnes von 100 Yen pro Aktie aus 2018 stattfinden. Denn schließlich hat man auch schon in den vier Quartalen von 2018 in den Mobilfunk investiert, ohne dass der Gewinn wesentlich gelitten hat. Denn große Teile der Ausgaben werden aktiviert und über die Nutzungsdauer abgeschrieben und dann ist ja auch noch das Abkommen über die gemeinsame Nutzung von Mobilfunkanlagen mit dem zweitgrößten bisherigen Anbieter im Laufe des Jahres 2018 hinzugekommen.
Net income 2017 55.2 Yen pro Aktie (geschätzt)
Net income 2018 61.2 (geschätzt)
Net income 2019 73.7 (geschätzt)
https://plus.credit-suisse.com/rpc4/ravDocView?docid=V6P9e52AK-Yo3M
Aus dem letzten Posting wissen wir, dass es 2017 79.28 waren und 2018 wahrscheinlich 100 sein werden. Und meines Erachtens gibt es kaum Gründe, dass da 2019 nicht noch eine weitere Steigerung stattfinden wird.
Meines Erachtens sind aber genau diese herumgeisternden m.E. absurden Schätzwerte aber eine wesentliche Ursache für die extreme Unterbewertung von Rakuten. Es taucht zwar hier der Begriff "Analyst" auf, aber nach meinen Erkenntnissen ist die obige Credit Suisse-Adresse aus 2017 die letzte umfangreiche Analyse zu Rakuten, die man im Internet finden kann.
EARNINGS ESTIMATES
CURRENT YEAR ENDING 12/31/19 NEXT YEAR ENDING 12/31/20
No. of Analysts 13 11
Average Estimate 46.949 JPY 42.417 JPY
https://markets.businessinsider.com/stocks/rakuten/financials
So führt Rakuten z.B. in der nachstehenden Quelle einen Income Breakdown durch. Ausgehend vom in Q3/18 ausgewiesenen Net Income von 52.1 JPY bn (ca. 460 Millionen US-Dollar) kommen sie über Abzüge und Hinzurechnungen zu einem Operating Income (excl. gains from investment business = 33.9, one-off of costs = 5.1 und upfront investments for future growth = 9.0) von 32.4 JPY bn. Die Investment gains werden abgezogen, während die on-off-costs (Rakuten General Insurance natural disaster claims) und die upfront investments for future growth addiert werden.
global.rakuten.com/corp/investors/documents/results/
Latest IR Materials
Earnings Release for Q3 of FY2018 Financial Result
Die uns hiervesonders interssierende Größe sind aber die upfront investments for future growth von 9.0 JPY bn, von denen fünf Arten angeführt werden:
- MVNO marketing costs
- MNO inital costs
- Logistics related investments costs
- NBA broadcasting rights
- Partnership costs
Wenn wir hier einmal großzügig annehmen. dass die MNO inital costs die Hälfte der 9.0 JPY bn ausmachen, sind das gerade einmal 4.5 JPY bn - und bei fast 1.5 bn umlaufenden Aktien 3 JPY pro Quartal oder 12 JPY im Jahr.
Das sich durch 12 JPY, die übrigens auch schon in 2018 angfallen sein dürften, ein bereits in 2018 erreichtes Niveau von 100 JPY in 2019 und 2020 nicht mehr als halbiert, ist m.E. offensichtlich.
Er übernimmt die meines Erachtens völlig daneben liegenden und viel zu niedrigen Gewinnschätzungen, bei ihm sind es in der neuesten Druckausgabe von FocusMoney 0,34 Euro in 2019 und 0,31 in 2020, und kommt trotzdem zu einem Kurssteigerungspotenzial von 94%.
Die Frage wäre jetzt: Welches Kurspotenzial würde er sehen, wenn er meine m.E. realistischeren Gewinnschätzungen, die ca. zweieinhalbfach so hoch liegen, für seine Prognosen benutzen würde?
Das erklärt vermutlich auch, dass ich selbst in einer Kursverdreifachung von Rakuten kein Problem sehe, denn ein sich so ergebendes KGV zwischen 20 und 25 halte ich bei einem Wachstum von knapp unter 20% für absolut vertretbar.
Vergleicht einmal, welches KGV da für andere Unternehmen bei einer derartigen Datenkonstellation reklamiert wird.
GEARING UP FOR A SAFER RIDE WITH AXA INSURANCE AND CAROUSELL-AXA is the first insurer to directly integrate with the Carousell app -Enables a seamless integration along the buying journey Carousell co-founder & CEO Quek Siu Rui (left) with AXA Insurance Digital Transformation director Tomasz Kurczyk AXA Insurance and Carousell, one of the world’s largest and fastest growing classifieds marketplaces, on Jan 10 announced a partnership that will make it quicker and simpler for Carousell users to shop for second-hand car and motorcycle insurance coverage, all on the Carousell app. By integrating the purchase of motor insurance into the Carousell experience, getting protected just became a lot faster and more convenient for car buyers shopping on Carousell. Car buyers will now be able to enjoy a simpler, faster insurance policy processing powered by AXA’s Insurance-as-a-Service platform, making the entire insurance purchasing experience as fuss-free as possible. Without having to leave the Carousell app, users can receive instantaneous quotes for a range of car insurance plans. After selecting their preferred insurance policy, they can purchase it directly on the app. Users will typically be able to purchase insurance and obtain policy documents in under five minutes from start to finish. “AXA is proud to be the preferred insurance provider for second-hand cars and motorcycles on the Carousell marketplace. Through this collaboration, we are able to complement Carousell’s value proposition in the automotive space and deliver the best-in-class digital experience and value to Carousell users.
https://www.digitalnewsasia.com/business/...a-insurance-and-carousell
Although there hasn’t been any official announcement of an upcoming financial gateway by Careem, we can infer a lot through a job listing by Careem for a General Manager of CareemPay.
The job listing claims that Careem is looking to develop a product which becomes causes a disruption in payments and logistics. From the description, it appears that Careem is not looking to use the new gateway as a compliment to its ride-sharing business, but as a separate entity which stands on its own in the Fintech market segment.
https://www.techjuice.pk/...stans-payment-industry-through-careempay/
SINGAPORE: Ride-hailing company Go-Jek is set to extend its services to "the whole of Singapore" from Wednesday (Jan 2).
In an email on Tuesday, the company said: “Following our successful limited service area rollout, GOJEK is excited to announce that we will extend our ride-hailing services to the whole of Singapore with effect from Jan 2, 2019."
Read more at https://www.channelnewsasia.com/news/singapore/...from-jan-2-11077608
https://www.channelnewsasia.com/news/singapore/...from-jan-2-11077608
Lyft’s filing kicks off what’s speculated to be a hot 2019 for tech IPOs. According to Bloomberg, bankers have pitched valuations between $18 billion to $30 billion for Lyft’s IPO. Uber, currently valued around $70 billion, has held talks with banks to potentially price an IPO as high as $120 billion, according to a Wall Street Journal report.
https://www.forbes.com/sites/bizcarson/2018/12/06/...et/#a78e8415a226
Last year, there was an estimated 82.59 million e-commerce users in Japan. It has been forecasted that this number will increase by 6.33 million users in 2021. By that time, it has been projected that users will spend an average of $1,257.37 online.
https://www.infocubic.co.jp/en/blog/e-commerce/e-commerce-japan/
With Chinese authorities relaxing the rules, online purchases of overseas products are expected to increase to US$285 billion in value in 2018, up from US$136 billion last year.
As well as authenticity being less of a concern, eCommerce purchases attract less taxes so are cheaper for consumers, writes Weinswig. As a result, it is projected that a quarter of the population will shop on foreign sites or through third parties in 2020, up from 15 per cent this year.
https://www.retailnews.asia/...-border-ecommerce-set-skyrocket-china/
5 Nov 2018
The Nikkei Asian Review reports that Japanese e-commerce firm Rakuten has concluded a deal with incumbent mobile network operator (MNO) KDDI (au), allowing it to use the latter’s 4G LTE network to provide mobile services from its launch next year, and up until March 2026. The deal gives fledgling cellular unit Rakuten Mobile Network time to fully deploy its own network infrastructure across Japan. In return, KDDI will be able to use Rakuten’s e-payments and logistics infrastructure.
The newcomer received approval for its ‘Special Base Station Deployment Plan’ in April 2018 and aims to launch its first services as a MNO in October 2019. It recently carried out 5G trials in partnership with Nokia and Intel as it prepares to shift from being an MVNO to building out its own network. In June this year, Rakuten used the Nokia AirScale base station and the Intel 5G Mobile Trial Platform for the technology trial in Kanagawa Prefecture in Japan to evaluate fundamental 5G capabilities in the 28GHz frequency band.
https://www.telegeography.com/products/...-to-use-latters-4g-network/
am 03. Dezember 2018
https://etailment.de/news/start-ups/versicherung-rakuten-21854
We are honoured to have been voted the #1 affiliate network for the 8th consecutive year by our partners and peers in the industry. Our teams are dedicated to providing superior strategy and technology to brands and publishers worldwide.
Each year, mThink conducts the biggest research survey in the performance marketing industry to identify the top affiliate networks. More than 25,000 advertisers, publishers and agencies are asked to vote on the top affiliate cost-per-sale (CPS) networks.
https://blog.rakutenmarketing.com/en-au/news/...-8th-year-in-a-row-2/
Tokyo, January 15, 2019– Rakuten, Inc. has announced a 4-year partnership with football star Lukas Podolski, appointing the Vissel Kobe player and former German national team forward as Global Brand Ambassador for Rakuten. The partnership covers many fields including e-commerce, exclusive content, Viber integration and support of Podolski’s charity work in his home country, Germany and much more.
Delivering on the mission of "digitalization and innovation for fans," Rakuten and Podolski will work together to deliver innovative products for football players and fans in the digital world. These projects and products will be launched in the coming months, starting with the opening of a "Strassenkicker" (Podolski’s streetwear fashion label) online shop on Rakuten’s German marketplace.
https://global.rakuten.com/corp/news/press/2019/...category=corp%20ec
1 Nutzer wurde vom Verfasser von der Diskussion ausgeschlossen: tradeconto