SoftBank Group Corp's Vision Fund sold shares worth $1 billion in Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of the tech investment firm's holdings
Naheta, who leads SoftBank's public equity investments, is discussing taking an advisory role at the firm to focus on his own long-only fund, sources said
Flipkart IPO: Timing will depend on where the business is and market conditions, says Brett Biggs
Son and other senior SoftBank executives in Japan are seeking to pay Claure a much smaller sum
His firm SoftBank is the biggest foreign investor in India today and has funded 10% of all unicorns
US antitrust officials sued to block the takeover on Thursday, arguing it will stifle innovation in the chip industry
SoftBank Group Corp. is nearing a deal to buy a stake in technology unicorn Icertis Inc., valuing the enterprise software maker at about $5 billion
While Paytm is seeking a valuation of around $20 bn, it is much lower than the rumoured expectation of $25-30 bn
"The strategy of let's create the perception of enhanced value by taking things public hasn't really worked this year," Redex Research analyst Kirk Boodry said
Even as the value of its assets slide, the Japanese tech conglomerate said its stock is undervalued and will spend up to 1 trillion yen ($9 bn) buying back nearly 15% of its shares
SoftBank sold 57 million shares at $29.685 on Sept. 14, the company said in a statement to the U.S. Securities and Exchange Commission. The Japanese company is still Coupang's largest shareholder
Some existing shareholders are also offloading about $200 million stake
Net income at the Japanese company dropped 39% for the June quarter, while profit at its eponymous investment unit plunged almost 90% amid a decline in the share prices of key holdings
SoftBank to wait and see on China, says Chief Executive Masayoshi Son
Business Standard brings you the top headlines this evening
Prosus, Europe's answer to SoftBank and its Vision Fund, is betting that its long-term investments can fill a yawning valuation gap
SoftBank fell 5.4% in Tokyo, the most among stocks on Japan's Nikkei 225 Stock Average and the biggest decline since it reported earnings in May.
Nvidia Corp's proposed $40 bn acquisition of Arm Ltd would better support creation of UK technology jobs than SoftBank Group unit becoming a standalone public company once again, Arm's CEO said
SoftBank Group Corp CEO Masayoshi Son said on Wednesday share buybacks remain an option for the conglomerate, amid a slide in its shares
A loan of that size would be among SoftBank's biggest in dollars, following a record facility recently.