Page 11 - Softbank

Paytm plans to launch India's biggest IPO, aims to raise $3 billion

According to media reports, the board of One97, parent company of Paytm, is all set to meet this Friday to formally approve the IPO plan

WeWork reports quarterly loss of nearly $2.1 bn ahead of public listing

WeWork in March agreed to go public through a merger with BowX Acquisition Corp, a special purpose acquisition company, in a deal that valued it at $9 billion

SoftBank's first female director to leave after challenging Masayoshi Son

Yuko Kawamoto, a professor at Waseda University, will step down on June 23 after just one year in the role, SoftBank said in a statement on Friday

Oyo Hotels seeks to raise $600 mn loan, offers generous terms to investors

Oyo's loan also features maintenance covenants, which are usually only included for companies that are considered risky by investors.

Softbank-backed Oyo seeks $600-million loan amid virus surge: Report

Funds sought by hotel startup to bolster balance sheet, service older loans

Moody's assigns first-time 'B3' ratings to OYO, outlook stable

Moody's CFRs are opinions of a corporate family's ability to honor all of its financial obligations

Adani Green buys SB Energy from Softbank and Bharti; firm valued at $3.5 bn

Deal for company with range of assets is biggest acquisition in India's renewable power sector.

Adani Green in advanced talks for SoftBank-backed SB Energy: Report

A deal could value SB Energy, owned by SoftBank Group Corp. and Bharti Enterprises Ltd., at more than $650 million

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.

Paytm provides technological support to Japan's payment app PayPay

SoftBank is aiming to take PayPay public; Paytm may also get some stake in the app

SoftBank-backed WeWork to begin accepting payments in cryptocurrencies

The firm will partner with Coinbase Global Inc and payment app Bitpay to facilitate transactions

Top headlines: SoftBank to invest $450 mn in Swiggy; Wipro to retain talent

From Softbank Group set to invest $450 million in Swiggy at $5.5 billion value to Citigroup announcing retail business exit from India, 12 other countries, here are top headlines this morning

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 to lead nearly $1.2 billion investment in diagnostics firm Invitae

SoftBank founder Masayoshi Son has been expanding his investments in publicly traded companies in recent months, including in Amazon.com Inc., Facebook Inc. and Alphabet Inc.

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 CEO Masayoshi Son considers bringing Coupang services to Japan

SoftBank Group Corp CEO Masayoshi Son said on Monday the conglomerate is considering bringing services from South Korean e-commerce firm Coupang to Japan

Top headlines today: Misty's exit valuation, auto aftermarket, and more

Here are the top business headlines on Tuesday morning

SoftBank's Masayoshi Son eyes bringing Coupang services to Japan

SoftBank Group CEO Masayoshi Son said on Monday the conglomerate's domestic internet business Z Holdings is in talks with South Korean e-commerce firm Coupang about bringing its services to Japan.

Singapore-founded IP platform raises $300 million to become unicorn

PatSnap, an intellectual property platform, has raised $300 million in its latest funding round led by SoftBank Vision Fund 2 and Tencent Investment, joining a list of global technology unicorns.

eToro to go public through $10.4-bn SPAC deal backed by SoftBank, others

eToro competes with Robinhood, which has become hugely popular with young investors for its easy-to-use interface