Page 4 - Softbank Group

SoftBank Group chief executive Masayoshi Son's pay fell by half last year

The disclosure ahead of SoftBank's annual general meeting on June 23 follows a turbulent year which saw the group pounded by the Covid-19 pandemic before rebounding to record profit

SoftBank-backed Ola strengthens UK Board with senior appointments

Names include luminaries such as S&P Global director Mike Rake who takes over as non-exec chairman and global transport expert Leon Daniels, an independent director

SoftBank Energy India sale: Cautionary tale for foreign companies

Industry execs say ambitious plans couldn't match up to Indian policy environment

SoftBank posts $37-bn Vision Fund profit in Q4 on Coupang, eyes more IPOs

TOKYO (Reuters) -SoftBank Group Corp <9984.T> on Wednesday reported a 4.027 trillion yen ($36.99 billion) fourth-quarter profit at its Vision Fund unit after booking a gain on investment Coupang, underscoring its recovery a year after a record loss.

Softbank Group to invest $450 million in Swiggy at $5.5 billion value

Second funding for food delivery startup in as many weeks

SoftBank to take 40% stake in warehouse robotics firm AutoStore for $2.8 bn

The Japanese company will acquire the stake from funds affiliated with AutoStore's majority shareholder Thomas H. Lee (THL) Partners and other investors

SoftBank Group-backed Compass valued at $8.22 billion in NYSE debut

Shares of SoftBank Group Corp-backed Compass Inc jumped 18% in their stock market debut on Thursday after being priced at the lower end of the reduced initial public offering (IPO) price range

How Masayoshi Son's 'money guy' Lex Greensill went from hero to zero

Son has had to write down his investment, making it among the worst in the history of his Vision Fund, alongside the implosion of WeWork Cos., another SoftBank portfolio company

SoftBank's internet business to invest $4.7 billion in tech over five years

The focus will be on artificial intelligence

SoftBank reaches settlement with ex-WeWork CEO Neumann, ends legal battle

SoftBank Group has reached a settlement with WeWork's special committee and the company's co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019

SoftBank to invest $900 million in gene sequencing firm Pacific Biosciences

Pacific Biosciences of California Inc said on Wednesday SoftBank Group Corp will invest $900 million in the gene sequencing firm

Profit at Japan's SoftBank as lucrative investments swell in value

The firm on Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter

SoftBank's third-quarter earnings recovery seen driven by IPO boom

SoftBank is expected to extend earnings recovery when it reports third-quarter results as frothy markets drive a rally in value of its tech investment portfolio and offer fertile ground for listings

SoftBank's Masayoshi Son is poised for another IPO windfall in 2021

If demand for IPOs continues to be robust, it would improve the prospects for the remaining 100 or so startups in SoftBank's portfolio

SoftBank Group debates new strategies to go private via gradual buyout

Masayoshi Son wouldn't buy more shares himself, but his ownership stake, now about 27 per cent, would increase as other investors sell stock

DoorDash boosts IPO price range amid strong appetite for tech stocks

San Francisco-based DoorDash plans to list its shares on the New York Stock Exchange under the ticker "DASH" this month. It had confidentially filed for an IPO in February.

SoftBank's options exit unlikely to cause stir in markets, analysts say

SoftBank's unwinding of its derivatives holdings is unlikely to cause much of a stir in markets, analysts have said

SoftBank phasing out derivatives option after losing market value by $17 bn

SoftBank shareholders balked after SoftBank's foray into derivatives trading was first disclosed in September, cutting the company's market value by as much as $17 billion

SoftBank COO, Vision Fund head leave board as part of firm's restructuring

Marcelo Claure, chief operating officer; Rajeev Misra, head of the Vision Fund; and Katsunori Sago, chief strategy officer, will step down from the board as part of the restructuring

SoftBank Group says it spent $1.35 billion on buybacks in October

TOKYO (Reuters) - SoftBank Group Corp <9984.T> said on Monday it spent 139.3 billion yen ($1.35 billion) repurchasing almost 20 million shares in October, part of a record buyback plan that has pushed the group's share price to near two-decade highs.