乐天集团(4755)豪赌日本的电信运营业务：移动通讯的亏损黑洞能否填平

乐天远不止是电商平台，而是以“生态系统”为核心的综合科技集团。其最大的波折和挑战来自其移动业务：2025年Q1首次实现EBITDA转正，并带动用户在整个生态系统的消费大幅提升。金融科技同样是支柱产业，乐天卡、乐天银行、乐天证券均在日本位居行业前列，并通过数据实现更强协同。乐天还在全球输出技术能力，凭借云原生移动网络与 Rakuten Symphony，已在多国获取电信客户。其生态系统战略自2002年积分体系推出以来持续深化，成为最强护城河。如今，AI是新核心方向，已全面应用于广告与业务运营，并依托统一ID沉淀的海量高质量数据形成独特优势。整体来看，乐天正迈向全球化、AI驱动的新阶段。前往小宇宙评论区与主播互动

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乐天集团(4755)豪赌日本的电信运营业务：移动通讯的亏损黑洞能否填平

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