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SoftBank's Son sticks with gut-led investing in chat with Alibaba's Jack Ma
Fri, Dec 06, 2019
Son`s comments come weeks after he was forced to bail out office-sharing startup WeWork when Neumann`s level of control over his firm and hard-partying ways chilled investor appetite and crashed plans for an initial public offering (IPO).
Japanese fashion tycoon Maezawa shows off $900 million SoftBank payday
Mon, Dec 02, 2019
Japan`s Yusaku Maezawa on Friday posted footage of a $900 million payday for the fashion magnate following his sale of a stake in Zozo Inc, the online fashion retailer he founded, to SoftBank Group Corp.
SoftBank to create $30 billion tech giant with Yahoo Japan, Line Corp merger
Mon, Nov 18, 2019
SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant.
SoftBank to tighten governance at start-ups after WeWork debacle
Tue, Nov 05, 2019
SoftBank Group Corp is expected to outline tougher governance standards and restrictions on dual-class share structures on Wednesday after WeWork pulled its IPO.
SoftBank to write down minimum $5 billion for WeWork, other losses
Fri, Oct 25, 2019
SoftBank Group Corp <9984.T> is poised to write down at least $5 billion to account for a sharp drop in the value of some of its biggest holdings including WeWork and Uber Technologies Inc.
SoftBank's WeWork takeover would lead to Adam Neumann''s exit - sources
Tue, Oct 22, 2019
SoftBank Group offered nearly $10 billion on Monday to WeWork and its shareholders under a takeover plan that would keep the US office-space sharing start-up afloat.
SoftBank aims to oust Adam Neumann as WeWork CEO: Report
Mon, Sep 23, 2019
Japanese conglomerate SoftBank Group reportedly wants to oust Adam Neumann as the CEO of WeWork, a US firm that provides shared workspaces for start-ups. WeWork directors were planning an immediate board meeting this week to discuss the details of removing Neumann.
SoftBank Corp shares top 1,500 yen IPO price for the first time
Fri, Aug 09, 2019
Shares of SoftBank Corp, which listed in December in Japan`s largest IPO, traded above their 1,500 yen IPO price on Friday for the first time.
SoftBank Group announces new $108 billion Vision Fund aimed at AI technology
Fri, Jul 26, 2019
Other investors in the fund include the National Investment Corporation of National Bank of Kazakhstan, Standard Chartered Bank, and investors from Taiwan.
SoftBank set to invest in British financing group Greensill
Mon, May 13, 2019
A prospective deal between SoftBank Group Corp`s Vision Fund and UK-based financing group Greensill Capital could be announced as early as Monday, a city source told Reuters.
Japan's SoftBank invests $1 billion in delivery app Rappi
Wed, May 01, 2019
Japan`s SoftBank will invest $1 billion in Colombian delivery app Rappi, marking the first move by its newly created Innovation Fund for Latin America, according to a statement on Tuesday, confirming earlier media reports.
Jio attracts Softbank: Japanese Bank may invest $2-3 billion in Mukesh Ambani's RJio's deleverages business
Tue, Apr 23, 2019
Softbank is reportedly looking to make a $2-3 billion investment in Reliance Jio as billionaire Mukesh Ambani looks to deleverage business by selling stakes.
Uber lands $1 billion from SoftBank, Toyota for self-driving unit
Fri, Apr 19, 2019
Uber Technologies Inc said on Thursday that the investment valued its Advanced Technologies Group, which works to develop autonomous driving technology, at $7.25 billion.
Inside SoftBank's push to rule the road: What is Masayoshi Son's plan?
Fri, Apr 12, 2019
Uber`s planned initial public stock offering in May is expected to value the company at $90 billion to $100 billion, representing a potential windfall to SoftBank, which put $8 billion into Uber for a 15 percent stake in January 2018. The rising value of that investment will further supercharge Son’s growing clout in the sector, and eventually provide him with additional capital to invest in mobility.
SoftBank-backed Grab seeks another $2 billion funding in expansion drive
Mon, Apr 08, 2019
The Singapore-headquartered firm, like its regional rival Go-Jek, has been raising billions of dollars to bring ride-hailing, food delivery, e-commerce and banking to a populous region with a growing number of consumers that use smartphones to commute, shop and make payments.
Airbnb to invest $100-200 million in OYO - What we know so far
Mon, Apr 01, 2019
Home-renting company Airbnb will invest between $100 and $200 million in SoftBank Group-backed Indian hotel start-up OYO.
Honda, Hino hitch ride with self-driving car service venture of SoftBank, Toyota
Thu, Mar 28, 2019
Honda Motor and Hino Motors are joining a venture of SoftBank Corp and Toyota Motor that will develop self-driving car services in Japan, as alliances between automakers and tech firms broaden.
Logistics firm Delhivery raises Rs 2,766.82 crore in funding round led by SoftBank Vision Fund
Sun, Mar 24, 2019
"With these funds, Delhivery plans to rapidly scale up its reach from 15,000 to 20,000 pin codes by first quarter of financial year 2019-20, aggressively grow e-commerce market share investment, and expand its end-to-end supply chain platform to enterprise customers and SMEs (small and medium enterprises)," the company added.
SoftBank, others in talks to invest $1 billion in Uber''s self-driving unit: Sources
Thu, Mar 14, 2019
SoftBank Vision Fund is the largest shareholder in Uber with a 15 percent stake.
SoftBank invests in Mubadala''s new $400 million European tech fund - FT
Mon, Feb 18, 2019
A company executive said last week Mubadala Ventures was planning to launch a technology-focused, $400 million European fund this year