Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances that it can cover its debt burden for the next financial year.
TOKYO, Aug 14 - Rakuten Group
Shares jumped as much as 5.2% when markets opened, hitting 596.9 yen before shedding some gains. Japanese markets were closed on Friday for a holiday.
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