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SoftBank Group Corp News
SoftBank Group Corp
Japan's SoftBank to invest up to $100 billion in Indian solar - NHK
Fri, Jun 15, 2018
The company is expected to make the investment through a fund backed by Saudi Arabia`s government, NHK said. Saudi Arabia is the largest investor in SoftBank`s Vision Fund, which raised over $93 billion last year.
Uber ex-CEO Kalanick plans to sell 29% of stake: source
Fri, Jan 05, 2018
Kalanick`s sale is part of a deal with a group of investors led by SoftBank Group Corp, which is taking a 17.5% stake in Uber, mostly by buying shares from early investors and employees. SoftBank last week secured agreements from shareholders who were willing to sell, and the deal will close early this year, Uber said.
Slack valued at $5.1 billion after new funding led by SoftBank
Mon, Sep 18, 2017
In July, sources had told Reuters that Slack was raising $250 million in a new funding round led by SoftBank.
Softbank nominates India-born Rajeev Misra into board
Sat, May 27, 2017
Softbank on Friday has announced nomination of India-born Rajeev Misra on its board of directors who is currently serving as chief executive officer of SoftBank Investment Advisers.
Softbank aims to close $100 billion fund for tech sector in 6 months
Sun, May 21, 2017
Japan's Softbank will invest $93 billion in Softbank Vision Fund that will be invested in the technology sector and it expects the total commitment in the company to reach $100 billion in six months.
SoftBank willing to cede control of Sprint to entice T-Mobile: sources
Sat, Feb 18, 2017
SoftBank has not yet approached Deutsche Telekom to discuss any deal because the U.S. Federal Communications Commission has imposed strict anti-collusion rules that ban discussions between rivals during an ongoing auction of airwaves.
Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank
Wed, Jan 25, 2017
Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.