August 12th, 2020SoftBank reported a first-quarter profit of 1.2 trillion yen (USD 11.8 billion), up from 1.1 trillion yen in the previous fiscal year.
December 23rd, 2019SoftBank's bad year goes well beyond WeWork Investors are starting to get the feeling that whatever Son brings to the public is troubled.
June 19th, 2019Softbank founder Masayoshi Son said most investors in SoftBank's $100 billion Vision Fund want to join the group's forthcoming second fund.
July 23rd, 2018With Paytm showing a commendable growth in every aspect, the digital payments giant is planning to launch its operations in Japan in collaboration with Masayoshi Son’s Softbank Group. This event is expected to take place by the end of 2018.
People familiar with the matter stated that Son is trying to mark his footprints in this...
June 21st, 2018The Gurugram-based online hospitality company OYO is now officially entering the Chinese market. OYO is a Softbank backed firm and China is its third international destination after Malaysia and Nepal.
The investor of OYO that is Softbank is showing high hopes and support in favour of the hospitality...
May 22nd, 2018Softbank is finally putting an end to the months of speculations over his future with Flipkart post the Walmart acquisition deal. The Japanese conglomerate has now agreed to sell its 23.6% stake in Indian e-commerce major Flipkart to its new owners, Walmart for around $4 Bn.
Several reports varied over the future of Masayoshi Son’s...
May 16th, 2018Masayoshi Son, founder of SoftBank Group Corp, the world’s largest private equity fund, announced that he was keen to set up a second Vision Fund in the near future, despite still having capital remaining in its $100 Bn Vision Fund of May 2017.
In a conference held in Tokyo, the business mogul stated that capital will be raised from...
May 15th, 2018Post mega Flipkart-Walmart Acquisition, the e-commerce world has been buzzing with speculations all around as to how the mammoth deal will shape the coming scenario. Now, there is a new dimension that has come into play regarding SoftBank unwilling to sell its stakes to Flipkart.
If SoftBank was to sell its 22.3% stake in Flipkart...
