Rakuten: online payment is deployed on Uber Eats







April 18, 2022

  • Rakuten Group, Inc.

  • Uber Eats Japan Inc.

Rakuten Pay online payment is deployed on Uber Eats

– Rakuten and Uber Eats Japan aim to provide greater convenience to customers through a new service integration.

Tokyo, April 18, 2022 – Rakuten Group, Inc. and Uber Eats Japan Inc. today announced the launch of a new collaboration integrating Uber Eats with Rakuten Pay’s online payment service, which uses the Rakuten ID system. Rakuten Pay will be available as an official payment method when ordering food and groceries on Uber Eats for all users by the end of April*1.

This collaboration allows users to select the online payment service Rakuten Pay as a payment option when placing orders through Uber Eats, enabling simple and intuitive payment using credit card information linked to the ID. User Rakuten. Users will also be able to earn Rakuten*2 points when ordering through Uber Eats and pay for orders using the points earned. Additionally, current users of both services will be able to log in to Uber Eats using their Rakuten ID, while new Uber Eats users will have the convenient option of creating an account through a simplified online registration system. using their Rakuten ID.

To commemorate the collaboration, the two companies will run a limited-time Rakuten Pay introductory campaign on Uber Eats, starting April 27. During the campaign, new Uber Eats users will receive a 3,000 yen coupon on their first order*3, coupon up to 50% off on any number of subsequent orders placed during the campaign period*4 , and special benefits, including obtaining Rakuten points worth up to 20% of the order amount after applying the corresponding discount. Additionally, current Uber Eats users will receive Rakuten Points worth up to 3% of the order amount after the corresponding discount is applied to all orders placed during the campaign period*5 .

The two companies are also planning special sales events on Rakuten Ichiba, Rakuten’s online marketplace, as well as the integration of identification and payment on Uber, the mobility service operated by Uber Japan. Users can expect more seamless and convenient collaborative services in the future.

*1 A trial period that ended on Sunday, April 17 was conducted with select Uber Eats users.
*2 One Rakuten point earned for every 100 yen spent on ordering (tax included). Rakuten Points can only be earned by paying with a Rakuten Card, Rakuten Points or Rakuten Cash.
*3 Valid for orders of 3,100 yen (tax included) or more.
*4 Valid for orders of 1,500 yen (tax included) or more. Discounts are limited to a maximum of 1,000 yen (tax included) per order.
*5 For these campaigns, Rakuten Points will be awarded up to a maximum of 10,000 points (time-limited points) per user.

Overview of the collaboration

Launch: Monday, April 18, 2022
* New payment option to be rolled out sequentially to all users by end of April.
*A trial period that ended Sunday, April 17 was conducted with select Uber Eats users.
Details:
・When placing orders on Uber Eats, users can select Rakuten Pay online payment as a quick and easy payment method.
・At checkout, users can earn and spend Rakuten Points to pay for orders placed.
*One Rakuten point earned for every 100 yen spent when ordering (tax included). Rakuten Points can only be earned by paying with a Rakuten Card, Rakuten Points or Rakuten Cash.
・Current users of both services can log in to Uber Eats using their Rakuten ID, while new Uber Eats users now have the convenient option of creating an account through a simplified registration system at using their Rakuten ID.

Campaign overview

Campaign Name: Rakuten Pay Intro Campaign
Campaign Period: 10:00 a.m. Wednesday, April 27 to 11:59 p.m. Tuesday, May 31 (JST)
Details
For new Uber Eats users:
・A 3,000 yen coupon on their first Uber Eats order.
* Valid for orders of 3,100 yen (tax included) or more.
・Up to 50% off any number of subsequent orders placed during the campaign period, starting with their second Uber Eats order.
*Valid for orders of 1,500 yen (tax included) or more.
*Discounts are limited to a maximum of 1,000 yen (tax included) per order.
*Offer valid only for users who have already redeemed the 3,000 yen coupon on their first Uber Eats order.
・Rakuten points worth up to 20% of the order amount will be awarded.
*Registration on the website dedicated to the campaign is mandatory.
*Offer valid only after use of the first order coupon.
*Rakuten Points will be awarded up to a maximum of 10,000 points (time-limited points) per user.
*When using multiple offers in combination, the benefits will be applied to the amount after the discount is applied.

For current Uber Eats users:
・Rakuten points worth up to 3% of order amounts will be awarded for all orders placed during the campaign period.
*Registration on the website dedicated to the campaign is mandatory.
*Rakuten Points will be awarded up to a maximum of 10,000 points (time-limited points) per user.
*Cannot be used in conjunction with promotional offers for new users.
*When using multiple offers in combination, the benefits will be applied to the amount after the discount is applied.

Terms shared by all of the above campaigns
*Payment via Rakuten Pay is required to participate in the above campaigns.
*Please see the soon-to-be-released dedicated campaign website for more detailed campaign information and terms.

Warning

Rakuten Group Inc. published this content on April 18, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on April 18, 2022 04:13:00 UTC.

Public now 2022

All news about RAKUTEN, INC

2022 sales 1,937B
15,324 million
15,324 million
2022 net income -162,950M
-1,289M
-1,289M
Net cash 2022 613B
4,847 million
4,847 million
PER 2022 ratio -9.45x
2022 return 0.48%
Capitalization 1,486B
11,756 million
11,756 million
EV / Sales 2022 0.45x
EV / Sales 2023 0.44x
# of employees 28,261
Floating 57.3%


Duration :

Period :




Rakuten, Inc Technical Analysis Chart |  MarketScreener

Trends Technical Analysis RAKUTEN, INC

Short term Middle term Long term
Tendencies Neutral Bearish Bearish



Evolution of the income statement

To sell

To buy

Medium consensus SURPASS
Number of analysts 16
Last closing price ¥939.00
Average target price ¥1,354.19
Average Spread / Target 44.2%



Source link

Elaine R. Knight