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AMZN - Rakuten: A Pot Of Gold At The End Of The Rainbow
Amazon.com Inc.
Rakuten presents a classic Warren Buffett “cigar butt” story.
The company has two strong, well-stablished businesses (Internet and fintech) that are already part of the group, with the ability to fund future expansion of the mobile business.
Rakuten has a diverse product range and a compelling ecosystem that encourages cross-usage.
Rakuten mobile is laying the rails and infrastructure for next generation 5G, a big play on the future.