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(Update) Rakuten Remains in Red in Jan.-Sept.

(Update) 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, remaining in the red for the nine-month period for the sixth year in a row, dragged down by costs at its mobile phone unit.
   The company posted a consolidated net loss of 150.3 billion yen, smaller than a loss of 208.4 billion yen a year before, on revenue of 1,617.6 billion yen, up 8.5 pct year on year.

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AFP-JIJI PRESS NEWS JOURNAL


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