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Rakuten Remains in Red in Jan.-Sept.

Rakuten Remains in Red in Jan.-Sept.

   Tokyo, Nov. 13 (Jiji Press)--Rakuten Group Inc. said Wednesday that it suffered a net loss in January-September due to losses in its mobile phone business, remaining in the red for the nine-month period for the sixth year in a row.
   The Japanese company posted a consolidated net loss of 150.3 billion yen for the latest nine months, compared with a loss of 208.4 billion yen a year before.

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AFP-JIJI PRESS NEWS JOURNAL


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