Baron Funds Comments on Rakuten Inc.
The Fund also has a position in Rakuten, Inc. (TSE:4755) , Japan's largest e-commerce site, offering more than 95 million products from about 4…,……… merchants. Rakuten also operates an Internet finance business that includes banking, brokerage, and credit card services. The stock has been weighed down by aggressive M&A, but we think overseas losses will mitigate as investments like Viber (mobile messaging app), Kobo (e-books), and Ebates (shopper loyalty) deliver strategic value.
Baron Funds Spring Newsletter: Investing in the International Equity Markets .
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.