Showing results for "#SoftBank"
SoftBank Vision Fund loses massive $32 bn as tech startups bleed
As tech startup valuations continue to dip, the Vision Fund vertical posted a 4.3 trillion Japanese yen (about $32 billion) loss for its fiscal year.
Unacademy nails USD 150mn funding led by SoftBank
Edtech firm Unacademy on Wednesday said it has raised an investment of $150 mn (about Rs 1,098 crore) in a round led by Japanese conglomerate...
SoftBank share buybacks near USD 3 billion despite May slowdown
SoftBank’s share buybacks slowed in May, a company filing showed on Friday, although total purchases to support its share price since March reached...
WeWork sues SoftBank over withdrawal of USD3 bn tender offer
WeWork on Tuesday said that it has filed a lawsuit against SoftBank Group Corp after the latter withdrew its $3 billion tender offer for additional...
SoftBank profits almost wiped out by Vision Fund losses
The poor results have dented investor confidence in founder Masayoshi Son's big bets on new start-ups.
After 18 years, Uniqlo founder quits board of SoftBank
Japan’s SoftBank Group Corp said Tadashi Yanai, founder and CEO of Uniqlo parent Fast Retailing, will resign as independent board member at the end of...
SoftBank’s financing talks for WeWork stalled
The Japanese technology conglomerate is now likely to enter the new year without the WeWork financing in place, sources said, adding the banks are...
Softbank’s Son reiterates belief in gut-led investing
Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief in an instinct-led...