SoftBank likely to sell shares worth up to $105 million in PB Fintech – report
BENGALURU (Reuters) – SoftBank Group is likely to sell shares worth up to $105 million in India’s PB Fintech via block deals, CNBC-TV18 reported on …
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Factbox-What’s in SoftBank IPO pipeline after Arm listing
TOKYO (Reuters) – SoftBank Group’s Arm Holdings soared almost 25% above its Nasdaq debut price on Thursday, valuing the company at $65 billion. The following …
SoftBank fund cuts stake in India’s Zomato in $115-million deal
BENGALURU (Reuters) – SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at 9.47 billion …
SoftBank buys Vision Fund’s stake in Arm at valuation of $64 billion-sources
By Anirban Sen NEW YORK (Reuters) – SoftBank Group Corp has acquired the 25% stake in Arm Ltd it does not directly own from its …
Softbank sees Latin America exits picking up from 2025, exec says
By Peter Frontini SAO PAULO (Reuters) – Softbank expects exits from its investments in Latin American startups to intensify from 2025 as the region’s prospects …
SoftBank seen returning to profit as tech stocks gain
By Anton Bridge TOKYO (Reuters) – Japan’s SoftBank Group is likely to report a return to profit when it announces first-quarter earnings on Tuesday, analysts …
Japan’s SoftBank Corp posts 2.1% increase in Q1 profit
TOKYO (Reuters) – Japan’s SoftBank Corp, the domestic telecoms arm of SoftBank Group, posted a 2.1% increase in first quarter operating profit on Friday. Operating …
Former SoftBank chief launches fund focused on LatAm startups
MEXICO CITY (Reuters) – The former chief executive of SoftBank Group International, Marcelo Claure, on Wednesday launched a fund focused on Latin America with initial …
Credit Suisse lodges $440 million London claim against SoftBank
LONDON (Reuters) – Credit Suisse has lodged a $440 million claim against Japan’s SoftBank Group Corp in London as it presses ahead with formal proceedings …
SoftBank shares jump on Alibaba split-up plans
TOKYO (Reuters) – Shares in SoftBank Group Corp soared on Wednesday after Chinese e-commerce conglomerate Alibaba Group, in which the Japanese technology investor has a …
SoftBank Q3 seen under pressure from tech weakness, Arm IPO eyed
By Kiyoshi Takenaka TOKYO (Reuters) – SoftBank Group Corp’s quarterly earnings on Tuesday are set to show persistent pressure from tech valuations that have yet …
SoftBank makes no Arm investment proposal to Samsung-report
SEOUL (Reuters) – SoftBank Group Corp founder and CEO Masayoshi Son discussed on Tuesday a long-term cooperation between chip designer Arm and Samsung Electronics, but …
SoftBank cuts about 150 staff globally -source
By Anirban Sen, Sam Nussey and Julie Zhu NEW YORK/TOKYO (Reuters) – Japan’s SoftBank Group Corp is cutting around 150 staff globally at its Vision …
SoftBank shares rise 5% on news of trimming Alibaba stake
TOKYO -Shares in SoftBank Group Corp rose 5% in morning trading in Tokyo on Friday after the Japanese conglomerate said it would book a $34.1 …
SoftBank overseas business chief exits in latest churn
By Sam Nussey TOKYO -Japan’s SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) …
Glass Lewis opposes lawyer election to SoftBank board for second year
By Sam Nussey TOKYO – Proxy adviser Glass Lewis has urged SoftBank Group Corp shareholders to oppose the election of corporate lawyer Ken Siegel to …
Japan’s SoftBank cuts borrowing from Mizuho, Goldman Sachs
By Sam Nussey TOKYO – SoftBank Group Corp trimmed borrowing from its main bank Mizuho Financial Group Inc by 4.5% in the year ended March …
SoftBank seen posting bruising Vision Fund loss on tech sell-off
By Sam Nussey TOKYO – Japan’s SoftBank Group Corp is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts …
SoftBank execs to leave boards of India’s Paytm, Policybazaar – source
NEW DELHI – Representatives of SoftBank Group Corp will step down from the boards of Indian digital payments firm Paytm and the parent of online …
Arm deal collapse leaves SoftBank asset sales in disarray
By Sam Nussey TOKYO – The collapse of SoftBank Group Corp’s deal to sell chip designer Arm to Nvidia marks a major setback to the …