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SoftBank Group Corp

SoftBank mobile services disrupted ahead of bumper IPO, shares drop

SoftBank will set a final offering price on Dec. 10 with shares set to begin trading on Dec. 19.

Dec 06, 2018, 15:54 PM IST

Grab invests $100 million in Indian hotel startup OYO

Grab, known as the Uber of Southeast Asia, was valued at around $11 billion at its last funding round in August.

Dec 03, 2018, 16:16 PM IST

SoftBank Vision Fund, Saudi Arabia to create world's biggest solar power firm

Saudi Arabia`s Vision 2030 reform plan, which aims to reduce the country`s economic dependence on oil, was a good match for the fund`s long-term vision for innovation.

Mar 28, 2018, 14:43 PM IST

Walmart in talks to buy more than 40% of Flipkart: Sources

Existing investors in Flipkart also include US hedge fund Tiger Global Management, China`s Tencent Holdings Ltd, online marketplace eBay Inc and software giant Microsoft Corp.

Feb 16, 2018, 15:12 PM IST

Uber's fourth-quarter loss narrows to $1.1 billion

The company had previously reported third-quarter net loss of $1.46 billion on net revenue of $2 billion.

Feb 14, 2018, 06:42 AM IST

Uber ex-CEO Travis Kalanick plans to sell 29% of stake: Source

Kalanick`s sale is part of a deal struck by a consortium led by SoftBank Group Corp which is taking a 17.5 percent stake in Uber.

Jan 05, 2018, 11:04 AM IST

SoftBank offers to buy Uber shares at 30% discount

The SoftBank-led investor group will acquire two of the new board seats, with the remaining four going to independent directors.

Nov 28, 2017, 09:15 AM IST

SoftBank says considering investment in Uber but no final agreement reached

SoftBank and Dragoneer are leading a consortium that plans to invest $1 billion to $1.25 billion in Uber.

Nov 14, 2017, 08:59 AM IST

SoftBank's big checks are stalling tech IPOs

Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year.

Oct 20, 2017, 06:33 AM IST

Grab, Uber's SEAsia rival, to raise $2.5 billion from Didi, SoftBank, others

Grab expects to raise an additional $500 million, bringing the total to $2.5 billion in this round, which it said would be the largest-ever single financing in Southeast Asia.

Jul 24, 2017, 10:37 AM IST

SoftBank aims to raise $3 billion-$5 billion via bond issue

SoftBank Group Corp is targetting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, according to a person familiar with the plans.

Jul 06, 2017, 10:38 AM IST

Softbank inducts India-born Rajeev Misra into board

Japanese conglomerate Softbank on Friday announced induction of India-born Rajeev Misra on its board of directors.

May 26, 2017, 20:45 PM IST

SoftBank to buy UK chip designer ARM for around $32 billion

Japan`s SoftBank Group Corp is set to agree a deal to buy British chip designer ARM Holdings PLC for around $32 billion, a source familiar with the deal said, adding an announcement could come later in the day.

Jul 18, 2016, 10:31 AM IST

Ex-LinkedIn exec Deep Nishar joins SoftBank as a managing director

SoftBank Group Corp said on Wednesday it had hired former LinkedIn Corp executive Deep Nishar as managing director of investments as the Japanese telecoms conglomerate targets growth overseas to counter a shrinking domestic market.

Jul 01, 2015, 18:31 PM IST