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Softbank Group
Softbank Group News
Softbank Group
26 Jul 2019
SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple
The Japanese conglomerate itself plans to invest $38 billion in the fund, it said in a statement. Others set to join include Apple Inc and Taiwan`s Hon Hai Precision Industry Co Ltd (Foxconn) - both investors in the first fund.
Uber
06 Jun 2019
India to order taxi aggregators like Uber, Ola to go electric
Uber and Ola, both backed by Softbank Group, would need to start converting their fleet as early as next year to achieve 2.5% electrification by 2021, 5% by 2022, 10% by 2023 before hiking it to 40%.
Walmart-Flipkart deal
31 Jan 2018
Walmart in talks to buy minority stake in Flipkart: Report
The US retailer can acquire a stake of 15% to 20% in e-commerce firm Flipkart.
Uber
25 Jan 2018
Uber chief to visit India, Japan in Feb on charm offensive
The ride-sharing firm new head will make his first visit to Asia next month.
Flipkart
16 Oct 2017
Flipkart in talks to buy stake in BookMyShow: Report
Flipkart has secured nearly $2.5 billion in funding from Japan`s SoftBank Group in August.
Ola funding
03 Oct 2017
Ola gets $2 billion funding from SoftBank, Tencent and others
Ola and SoftBank declined to comment on the matter while Tencent was not immediately available.
SoftBank
10 Aug 2017
Ola raises Rs 231 crore from Tekne Private Ventures
The said shares were allotted on June 7, 2017, the documents showed.
SoftBank
07 Aug 2017
SoftBank CEO says interested in investing in Uber, Lyft
SoftBank Group CEO Masayoshi Son said he was interested in investing in ride-hailing firms Uber Technologies and Lyft but had not made a decision.
Softbank Group
01 Aug 2017
SoftBank Fund may invest up to $2 billion in Flipkart
SoftBank Vision Fund, founded by SoftBank Group Chairman Masayoshi Son, operates as a separate entity. It also has participants like Apple, Foxconn and Public Investment Fund of the Kingdom of Saudi Arabia.
Chinese startup Ofo
28 Jul 2017
China bike-sharing firm Ofo in talks to raise $1 billion, led by SoftBank
The latest Ofo investment plan has not been finalised, the sources said, who declined to be identified as the discussions are private.
Indian online marketplace
11 May 2017
Snapdeal founders, Nexus reach deal with SoftBank for sale to Flipkart
Nexus and Snapdeal founders have agreed to the terms of payment with SoftBank wherein Snapdeal founders would get $15 million each and Nexus would get $50 million to $60 million.
Hike Messenger
16 Aug 2016
Hike Messenger raises $175 mn led by Tencent, Foxconn
Messaging platform Hike Messenger on Tuesday said it has raised USD 175 million in a new round of funding led by Tencent Holdings and Foxconn Technology Group, valuing the company at about USD 1.4 billion.
Nikesh Arora
23 Jun 2016
Meet the man who bid goodbye to a job that earned him Rs 500 crore annually
Arora, 48, who joined SoftBank in September 2014 with an annual salary of $73 million (around Rs 500 crore).
Softbank Group
22 Jun 2016
Ken Miyauchi to replace Nikesh Arora as SoftBank president
Japanese conglomerate SoftBank Wednesday said Ken Miyauchi, head of the group's Japanese telecommunications operations, would replace Nikesh Arora as president and chief operating officer.
Finance Minister India
30 May 2016
Jaitley to 'take India story forward' with Japanese investors
Tokyo: Eyeing investments from Asia's second-biggest economy, Finance Minister Arun Jaitley said his visit to Japan is aimed at taking India growth story forward with investors so as to make them invest in a host of sectors, including infrastructure.
Arun Jaitley
29 May 2016
Arun Jaitley seeks Japanese investments; meets SoftBank CEO
Seeking to woo investors from Asia's second biggest economy, Finance Minister Arun Jaitley Sunday began his six-day Japan visit as he met Masayoshi Son, the CEO of Japanese telecom giant SoftBank Group, which is eyeing "one of the biggest" investments in solar power sector in India.
Taxi Aggregator
18 Nov 2015
Ola raises $500 mn from Baillie Gifford, SoftBank and others
With the current round, Ola has closed over USD 1.3 billion of external funding.
Housing. Com
16 Dec 2014
Housing. Com raises $90 million
The company will use the funds to map over 40 million houses across 300 cities in India and provide on-off buttons to home owners and agents.
SoftBank
29 Oct 2014
Softbank Group to invest $627 mn in Snapdeal
Snapdeal Tuesday said Japanese telecom giant Softbank will invest USD 627 million (about Rs 3,762 crore) in the company, becoming the largest shareholder in the online marketplace major.
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