Japanese e-commerce platform Rakuten has reported a return to operating profit for the first time in six years, supported by continued growth across all major business segments and record third-quarter revenue.

In the third quarter of this fiscal year, consolidated revenue reached US$4 billion, up 10.9 per cent year on year – the highest Q3 level recorded yet.

EBITDA (earnings before interest, taxes, depreciation, amortisation) rose to a record $767 million. Meanwhile, across the first nine months, the company generated $8 million in operating profit.

Domestic e-commerce gross merchandise sales increased 14.5 per cent to $11 billion, driven by continued demand for services.

The International business unit reported revenue of $486.9 million, up 5.4 per cent year on year, and operating income of $4.2 million, up 78.8 per cent.

Growth was supported by higher device and content sales through Rakuten Kobo, increased communications and advertising revenue from Rakuten Viber, and reduced losses in the international advertising business.

Rakuten said its rating outlook reflects improved financial stability and stronger credit metrics.

“The group aims to enhance credit further and maintain mid-term financial stability, based on a strategy of building a stable financial base and increasing corporate value through judicious capital allocation,” said the company.