Rakuten CEO on 1&1 Partnership, Chip Shortage, Olympics

The transcript discusses Rakuten's business strategies, including a deal with a German carrier, the demand for 5G solutions amid China-US tensions, and the impact of the global chip shortage. It highlights Rakuten's partnerships with Intel and Qualcomm, the company's business strategy, and its limited exposure to the Chinese market. The transcript also covers the effects of the Tokyo Olympics and COVID-19 on Rakuten's operations, and provides an overview of the company's business performance and future plans.

What is the primary reason for the increased demand for 5G solutions according to Rakuten?

• Increased consumer demand

• Geopolitical tensions between China and the US

• Technological advancements

• Lower costs of implementation

How is Rakuten addressing the global chip shortage?

• By acquiring smaller chip manufacturers

• By partnering with companies like Intel and Qualcomm

• By reducing their product offerings

• By increasing production

What is Rakuten's current stance on doing business in China?

• They are actively expanding their operations

• They have significant business interests

• They are cautious and have limited exposure

• They are planning to exit the market completely

What type of investment does Tencent have in Rakuten?

• Majority stake with voting rights

• Minor investment with no voting rights

• Joint venture partnership

• Strategic alliance with board seats

How has the COVID-19 pandemic affected Rakuten's e-commerce business?

• It has been unaffected

• It has seen positive growth

• It has remained stable

• It has significantly declined

What was the outcome of Rakuten's free mobile subscription offer?

• Negative feedback from users

• No impact on subscriptions

• Low churn rate and successful transition

• High churn rate

What synergy is Rakuten observing between its mobile subscriptions and other services?

• Negative impact on other services

• Minimal synergy

• Significant synergy

• No synergy