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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
SoftBank-backed Grofers aims to garner USD 2.5 billion in revenue by 2020
Tue, Dec 25, 2018
The company, which has recently completed five years of its operations, has a revenue run rate of USD 360 million (about 2,500 crore) currently.
SoftBank, other investors, keen to pump up to USD 1 bn in Ola
Tue, Dec 04, 2018
Cab aggregator Ola has received interests from multiple investors, including existing shareholder SoftBank, to pump in funds of up to USD 1 billion, according to sources.
SoftBank Investment Advisers sets up India office, names Sumer Juneja as Head
Thu, Nov 22, 2018
Japanese conglomerate SoftBank said Wednesday it is setting up India operations of its Vision Fund -- a key investor in many Indian startups -- and has named Sumer Juneja to head the operations.
Paytm Mall sees 3X jump in transactions during festive season sale
Sat, Oct 13, 2018
"We have received an overwhelming response...With over 50 million visitors coming to the platform. Categories such as mobile phones, laptops, appliances, consumer electronics and groceries continue to be hugely popular among the buyers," Paytm Mall Vice President Srinivas Mothey told PTI.
Start-ups in India get showered with funds, you won't believe from where
Tue, Sep 25, 2018
The Chinese are establishing a strong foothold in the India start-up story. Just last week, ride-sharing unicorn Ola received $50 million from Hong Kong-based Sailing Capital and China Eurasian Economic Co-operation Fund.
Ola serves over one billion customers annually, creating huge employment opportunities: CEO Bhavish Aggarwal
Sat, Sep 08, 2018
It has aggressively expanded its presence in the Indian market, spanning across categories like taxis, autorickshaws and e-rickshaws. Earlier this year, Ola entered Australia and the UK.
Warren Buffett's Berkshire Hathaway in talks to invest up to $350 mn in Paytm
Tue, Aug 28, 2018
One of the persons said the deal would see Nebraska-based Berkshire Hathaway pick up 3-4 per cent share in One97 Communications, the parent firm of Paytm.