Browsing Tag

softbank

149 posts

SoftBank Vision Funds continue money loosing spree with a $21.6Bn quarterly loss, among highest ever since inception

Tough market conditions have left their mark not just on numerous companies…
softbank

SoftBank Investment CEO Rajeev Misra steps down, Masayoshi Son to lead Softbank Vision Fund II

After being part of the Japanese conglomerate for eight long years, noted…
Uber integrates metro ticketing via ONDC

Uber refutes reports of company’s plans to exit India

Responding to a report by Bloomberg claiming Uber had discussed shutting shop…

SoftBank hits new low, logs record loss as tech shares plummet, Vision Fund bets falter

SoftBank has failed to hit the spot on 32 out the 34 total companies on their portfolio, including major ones such as Grab and recently IPOed Paytm.
Nvidia, Qualcomm back India’s deep-tech drive

Nvidia’s mega deal to buy SoftBank-owned Arm, has been terminated

Back in 2020, we had learned that American tech company Nvidia was…
softbank

Back from the dead: SoftBank records highest quarterly profit of $17.7Bn by a Japanese company till date

Let’s go back one year, to the start of the COVID 19…
Hyundai

Hyundai Motor Group to acquire controlling stake in Boston Dynamics at a valuation of $1.1 billion

In a $1.1 billion deal, the Hyundai Motor Group has just acquired…
softbank

SoftBank invests big in US tech, buys $1.2Bn worth of Amazon shares along with Netflix, Tesla and more

SoftBank Group Corp has finally risen from a long slumber and made…
softbank

Policy Bazaar founder says capital raise from Softbank was a ‘Mistake’

It is not often that you see unicorn founders speaking up to…

SoftBank CEO Masayoshi Son resigns from Alibaba board

Within a month of Jack Ma’s resignation from the Softbank board, Masayoshi…
softbank

SoftBank announces $100 million fund for founders of colour to aid fight against racial disparity

SoftBank has recently announced a $100 million+ fund for founders of colour,…
softbank

Softbank Vision Fund to lay off 10% of its workforce following historic losses

Following a $17.7 billion loss amid crumbling valuations of portfolio startups, Softbank…

SoftBank could sell $20Bn worth of T-mobile stake to pare Vision Fund losses: Report

Softbank is reportedly selling part of its stake in T-Mobile through a…

Softbank records historic $18 Billion loss as startup investments crumble

Softbank’s latest financial reports reveal an overall operating loss of 1.36 trillion…

Softbank to book more loss due to an additional $6.6Bn write down of WeWork investment

It seems the WeWork pain is seemingly endless for Softbank. After already…

Softbank projects Vision Fund losses at a staggering $24 Billion

In what seemed almost certain, Japanese tech behemoth Softbank announced today, that…