Rakuten Monkeys Get $17.3 Million in Funding
After receiving a 40 million USD of capital injection in December 2019, the Rakuten Monkeys have another 17.3 million USD coming from their parent company. (total of 57.3 million since December 2019)
On May 27, Taiwan’s Ministry of Economic Affairs approved an additional 17.3 million USD capital increase to the Rakuten Monkeys by its Japanese parent company Rakuten Inc.
Just like last time, the funding will move from Rakuten Asia in Singapore to Rakuten Taiwan. After that, Rakuten Taiwan will re-invest that money into Rakuten Monkeys in the CPBL.
Financial Performance: CPBL Teams’ Parent Company
Ever wonder the financial performances of all the CPBL teams’ parent company? Here are some 2019 data from Forbes.
The figures below are in US dollar and using billion as the unit. It is also worth noting, we only used one single company per team and did not include all their subsidiaries.
For example, the Uni-President Enterprises also own Starbucks (Taiwan) and 7-Eleven (Taiwan), but for ease of calculation, we will not include those.
CPBL Team Parent Company Revenues Profits Assets Market Value
Fubon Guardians Fubon Financial $33.3 B $1.9 B $284.6 B $14.6 B
Uni-Lions Uni-President Enterprise $14.5 B $0.61 B $15.9 B $13.3 B
CTBC Brothers CTBC Financial $14.1 B $1.4 B $207.5 B $13.1 B
Rakuten Monkeys Rakuten Inc $11.6 B $-0.29 B $84.3 B $11.6 B