・The Rakuten Group recorded its highest revenue ever for the third quarter of a fiscal year with consolidated revenue reaching 518.4 billion yen, achieving double-digit growth of 10.1% year-on-year (YoY) in Q3 FY2023.
・The Rakuten Group recorded Non-GAAP operating losses of 41.0 billion yen in Q3 FY2023. This significant improvement of 42.0 billion yen YoY was the result of decreased operating losses in the Mobile business and expanded revenue growth in core domestic e-commerce businesses such as Rakuten Travel, as well as Rakuten Bank and Rakuten Securities. The Rakuten Group’s consolidated Non-GAAP EBITDA was profitable, recording 35.6 billion yen, an improvement of 50.4 billion yen YoY.
・In Q3 FY2023, the average number of monthly active users across the Rakuten Group in Japan*1 reached 40.9 million, up 7.2% YoY. The Rakuten Ecosystem customer base continues steadily expanding, with 76.5% of all users using two or more services over the past 12 months.
・Revenue in the advertising business in Q3 FY2023 grew to 51.0 billion yen, achieving double-digit growth of 15.3% YoY*2. The business is on track to reach 200.0 billion yen in revenue for FY2023.