Rakuten, a publicly owned company headquartered in Japan, was founded in 1997 and operates with approximately 9,920 employees, reporting $16.7B in revenue as of 2025. Functioning as a Japanese technology conglomerate and holding company, Rakuten specializes in software development, having launched its core e-commerce marketplace, Rakuten Ichiba, in May 1997 before diversifying into a multi-sector ecosystem that spans e-commerce, financial technology, digital content, and telecommunications. The company operates a cross-platform loyalty program, Rakuten Points, designed to integrate its distinct business lines and maximize customer lifetime value across a global member base. Its institutional subsidiaries and assets include the messaging application Rakuten Viber, the digital reading platform Rakuten Kobo, the video streaming service Rakuten Viki, and the online travel booking portal Rakuten Travel. Through its fintech segment, the conglomerate manages Japanese financial entities such as Rakuten Card, Rakuten Securities, and Rakuten Bank, which has a definitive reorganization agreement to centralize the group's credit card and securities operations. In 2018, the company established Rakuten Mobile, launching commercial 4G and 5G operations in 2020 as Japan’s fourth major mobile network operator, utilizing a fully virtualized, cloud-native Open RAN network architecture. Rakuten serves approximately 2.1 billion members worldwide across more than 30 countries and regions.

2025 Revenue

Founded

1997

Headcount

9,920

Headquarters

Japan

Primary Segment

Software Development

Ownership

Publicly Owned

News Summary:

On September 17, 2026, Rakuten finalized a multi-year global partnership with Scuderia Ferrari HP, marking its first foray into Formula 1. The agreement, which takes effect on January 1, 2027, establishes Rakuten as a Team Partner for the Formula 1 squad in telecommunications and e-commerce. Ferrari N.V. subsequently confirmed this strategic partnership agreement between its Italian subsidiary Ferrari S.p.A. and Rakuten Group Inc. via a Form 6-K filing on the same day. Earlier on September 17, Rakuten Group Inc. launched Rakuten AI for Music, an agentic AI tool, on the mobile app for its fixed-rate music streaming service, Rakuten Music, enabling a new agentic music search experience.
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Examples of Rakuten's suppliers include MediaKind, Didomi and Intango.

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