- Japanese e-commerce and financial services giant Rakuten is exploring an **initial public offering (IPO)** for its credit card division, Rakuten Card, in the United States.  **[1294591_c803adeabb5741979ddc21b7ff16a840]** 
- Rakuten Card, which has issued **over 30 million cards** in Japan, was valued at **over 1 trillion yen ($7 billion)** last year.  **[1294591_c803adeabb5741979ddc21b7ff16a840]** 
- Despite operational efficiency, Rakuten faces financial challenges, including a **negative EPS of -0.67**, a **net margin of -8.84%**, and a **debt-to-equity ratio of 6.6**.  **[1294591_c803adeabb5741979ddc21b7ff16a840]** 
- Following the news of the IPO exploration, Rakuten's shares **rose as much as 6.7%**.  **[1294591_c803adeabb5741979ddc21b7ff16a840]**

Rakuten Group (RKUNY)