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Latest Articles in softbank
With Alibaba Stake Cut, SoftBank's Son Cools Toward China Tech
Son was formerly one of the sector's biggest cheerleaders and Alibaba is his most famous bet
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SoftBank To Book USD 34 Bn Gain On Alibaba Shares
The estimated gain includes a 2.4 trillion-yen gain from the revaluation of shares in the Chinese e-commerce giant and a derivative gain of 0.7 trillion yen
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Ola Electric Planning To Build 50GwH Battery Cell Manufacturing Unit In India
Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually. The remainder will be for its electric cars, which the company plans to manufacture in the future
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SoftBank In Talks With Tatas, Mahindra For Stake Buy In Subsidiary: Misra
As per an August 2021 report, Tatas were looking to raise up to USD 5 billion as they go about building a 'super app' which will help it compete with the likes of Amazon and Reliance Industries' Jio Platforms
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Ola Electric Raises Over $200Mn At $3Bn Valuation
Ola will accelerate the development of other vehicle platforms including electric motorbike, mass-market scooter, and its electric car.
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Policybazaar Gets Insurance Broking Licence From IRDAI
The broking licence will allow the company to venture into segments which it could not do in the past like claims assistance, offline services, and establish Points of Presence network.
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SoftBank In Talks To Invest USD 500-600 MN In Flipkart: Sources
E-commerce has seen strong growth in the country amid the pandemic as containment measures introduced millions to the convenience of online shopping, and prompted seasoned online shoppers to buy more.
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Adani Green To Buy Softbank's India Renewables Unit At USD 3.5 Bn Valuation
AGEL now has a portfolio of 24.3 gigawatts (GW) - enough to power more than 8.5 million homes, or nearly all the households in Australia (9.2 million) each year.
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Redis Raises USD 110 Mn From Tiger Global, Softbank, TCV At Over USD 2 Billion Valuation
The new investors made an additional investment of USD 200 million to purchase equity from some of the early stage investors in the Israel-based IT firm.
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Online Boom: SoftBank-Backed Coupang Surges To Over $100 Billion Valuation In Debut
Coupang's net sales jumped 91% year-on-year to $11 billion. Net losses narrowed to $567.6 million from $770.2 million posted in the prior year.
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SoftBank's Internet Business To Invest $5 Billion To Resist Overseas Tech Giants
Z Holdings retains its listed status, one of a number of such firms among SoftBank's domestic holdings, despite calls for Japanese firms to unwind such structures.
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SoftBank Third-Quarter Earnings Recovery Seen Driven By IPO Boom
Alibaba's shares have fallen 17% from October highs after Chinese regulators halted the bumper IPO of its fintech affiliate Ant.
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SoftBank's Shares Jump 7% On Buyout Debate Report
SoftBank's shares are seen as chronically undervalued by company executives, with debate around the benefits of a buyout intensifying as they plunged to lows in March.
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SoftBank's Vision Fund Back To Black Even As Some Of Son's Tech Bets Sting
SoftBank said it had net gain on investment from the two funds of 1.4 trillion ($13.5 billion) in the six months through September, though much of that reflected unrealised profit from portfolio companies.
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SoftBank Restarts Buybacks As Asset Sales Swell Cash Pile
SoftBank's shares traded sideways during the lull in August ahead of deal news, which included the sale of chip designer Arm to Nvidia Corp, but have since resumed their climb and closed near two decade highs on Wednesday.
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