AUS-CITY

Rakuten third-quarter profit almost wiped out as Lyft stake value slides

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Rakuten third-quarter profit almost wiped out as Lyft stake value slides - Thu 07 Nov 2019 06:40:AM

Rakuten Inc's quarterly operating profit was almost wiped out in the three months ended September as the value of its investment in ride-hailing firm Lyft slid.




Source: Rakuten third-quarter profit almost wiped out as Lyft stake value slides
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