Page 15 - Softbank

SoftBank shares slide 5% after news on tech stock options big bet

TOKYO (Reuters) - SoftBank Group Corp <9984.T> shares fell 5% in early trading on Monday as the conglomerate's big bets on equity derivatives tied to listed technology companies made investors uncomfortable.

Softbank partners Oyo in Latam; to control 1,000 hotels in Brazil, Mexico

The move comes as Oyo, valued at $10 billion in its most recent fundraising round, has been forced to cut costs and rein in its expansionist strategy in global markets

SoftBank partners with Oyo in Latin America in move for more oversight

It shows SoftBank's keenness to ensure Oyo remains on track, and is the latest sign SoftBank is more closely overseeing Oyo's operations including in offshore markets

Nasdaq Whale: Softbank's huge tech options bet answers stock rally riddle

Investors have gone back and forth on whether Son, 63, is a true visionary or more of a gambler

SoftBank unmasked as 'Nasdaq whale' that stoked tech rally: Report

Softbank has been snapping up options in tech stocks over the past month in huge amounts, contributing to the largest trading volumes in contracts linked to individual firms in nearly 10 years

SoftBank Group eyes partners to bid for TikTok's assets in India

TikTok is considering selling its operations in several countries after local governments shut out the app, citing fears that sensitive user data was passing into the hands of China

Unacademy turns into unicorn after SoftBank-led funding round

Valuation jumps 3-fold in last six months to $1.45 billion; becomes the second unicorn in edtech space after Byju's

Unacademy raises $150mn funding led by SoftBank, valuation reaches $1.45 bn

Existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook, and Blume Ventures also participated in the round

Unacademy began as co-founder's hobby; start-up is now a unicorn

Unacademy now has 30 million registered users and 350,000 paying subscribers, almost four times as many as in February. The platform has more than 18,000 registered educators.

Nippon Kayaku replaced by SoftBank Corp in Nikkei 225 Stock Average

The change will take effect Oct. 1. The replacement is part of an annual review, with NGK Spark Plug Co. displacing Nippon Sheet Glass Co. in the Nikkei 300, according to the announcement

9Unicorns makes first close of Rs 100 cr for its new fund for start-ups

The fund intends to offer $100,000 for 5-7% equity per start-up

SoftBank Group gets even more defensive with $12 billion stake sale

The Tokyo-based parent said it will sell 927 million shares in SoftBank through a global secondary offering, about a third of its stake

Ola Electric to hire 2,000 people; launch electric two-wheeler soon

In May, Ola had announced laying off 1,400 employees, or over 33 per cent of its workforce, as Covid-19 continued to pound the transportation industry

Chip designer Arm to pause spin-off of its software units to SoftBank

Chip company Arm Holdings Ltd said on Monday it has put the brakes on the proposed transfer of two of its software businesses to its Japan-based parent SoftBank Group Corp

Softbank dispatches senior executives to help Covid-19 hit Oyo: Report

Oyo has struggled in Japan even with the full endorsement of SoftBank

SoftBank bets $3.9 Billion on tech companies including Amazon, Tesla

The Japanese conglomerate owned $1.04 billion of Amazon stock, its biggest investment, a $475 million stake in Alphabet, $248.6 million of Adobe and $189 million of Netflix

SoftBank builds $1.2 billion Amazon stake; invests in Netflix, Tesla

Chief Executive Masayoshi Son last week announced a new investment management subsidiary that would park excess cash from a massive asset sale programme in liquid stocks

Vedanta's bond offer serves test of investor appetite for Indian junk debt

The proceeds of the offering will be used to partially fund the privatisation

WeWork gets new $1.1 billion commitment from SoftBank, cuts cash burn rate

Revenue in the quarter reached $882 million, a 9% increase from a year earlier

SoftBank-backed real estate firm KE Holdings raises $2.12 bn in US listing

SoftBank-backed Chinese owner of real estate platforms KE Holdings Inc on Thursday raised $2.12 billion in a U.S. initial public offering that was priced above the target range