Opinions
Prakash Hariharan
Rakuten Inc
4755-JP
TOP PICK
Nov 04, 2014
N/A
Stock price when the opinion was issued
Consumer Products
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A conglomerate that has effectively been gobbling up a lot of companies. Looks very interesting on account of the whole e-commerce space that is getting a complete re-rating in terms of multiples. A whole bunch of Japanese consumers, that are highly tech savvy, have a lot of this. This has a platform that makes it the Alibaba (BABA-N) equivalent in Japan. Over the next 6-8 months, as the e-commerce business grows in footprint, this will be able to post some better numbers.