The Dual-frequency Precipitation Radar (DPR) on the Global Precipitation Measurement (GPM) core satellite was developed by Japan Aerospace Exploration Agency (JAXA) and National Institute of Information and Communications Technology (NICT). The objective of the GPM mission is to observe global precipitation more frequently and accurately. The GPM core satellite is a joint product of National Aeronautics and Space Administration (NASA), JAXA and NICT. NASA developed the satellite bus and the GPM Microwave Imager (GMI), and JAXA and NICT developed the DPR. The inclination of the GPM core satellite is 65 degrees, and the nominal flight altitude is 407 km. The non-sunsynchronous circular orbit is necessary for measuring the diurnal change of rainfall. The DPR consists of two radars, which are Ku-band precipitation radar (KuPR) and Ka-band precipitation radar (KaPR). GPM core observatory was successfully launched by H2A launch vehicle on Feb. 28, 2014. DPR keeps its performances on orbit after launch. DPR products were released to the public on Sep. 2, 2014. JAXA is continuing DPR trend monitoring, calibration and validation operations to confirm that DPR keeps its function and performance on orbit. JAXA have started to provide new version (Version 4) of GPM standard products on March 3, 2016. Various improvements of the DPR algorithm were implemented in the Version 4 product. Moreover, the latent heat product based on the Spectral Latent Heating (SLH) algorithm is available since Version 4 product. Current orbital operation status of the GPM/DPR and highlights of the Version 4 product are reported.