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Page 21 - Softbank

SoftBank Group in talks for $5-billion rescue financing for WeWork

The funds will come directly from SoftBank, rather than its Vision Fund, according to a person familiar with the matter

SoftBank Group in talks for $5-billion rescue financing for WeWork
Updated On : 17 Oct 2019 | 1:38 AM IST

SoftBank Group, Ant Financial likely to invest $2 billion in Paytm

Paytm has in a decade become India's biggest digital-payments brand

SoftBank Group, Ant Financial likely to invest $2 billion in Paytm
Updated On : 14 Oct 2019 | 9:45 PM IST

SoftBank's damage from Uber, WeWork likely to exceed $5 billion

Recent troubles have weighed on SoftBank's shares, pushing them down about 30% from their peak earlier this year as investors grow skittish about startup valuations

SoftBank's damage from Uber, WeWork likely to exceed $5 billion
Updated On : 08 Oct 2019 | 10:24 PM IST

WeWork in talks with SoftBank to raise $1 billion for major restructuring

(Reuters) - WeWork is locked in negotiations this week with its largest shareholder, Softbank Group Corp <9984.T>, over a new $1 billion (812.61 million pounds) investment to enable the shared office space company to go through a major restructuring, according to sources familiar with discussions.

WeWork in talks with SoftBank to raise $1 billion for major restructuring
Updated On : 08 Oct 2019 | 8:30 AM IST

Oyo raises $1.5 billion at $10 billion valuation; to focus on US market

A significant part of the Series-F funding will be diverted in boosting US footprint, and in strengthening position in the vacation rentals business in Europe

Oyo raises $1.5 billion at $10 billion valuation; to focus on US market
Updated On : 08 Oct 2019 | 2:27 AM IST

SoftBank CEO Masayoshi Son says 'embarrassed and flustered' by track record

Japanese investor Masayoshi Son reacts after his company comes under pressure from some investors for its bets on loss-making businesses.

SoftBank CEO Masayoshi Son says 'embarrassed and flustered' by track record
Updated On : 08 Oct 2019 | 2:10 AM IST

Softbank-backed Oyo raises $1.5 bn at $10 bn valuation for market expansion

Agarwal, who founded Oyo in 2013, has built it into India's second-most valuable startup with a valuation of about $10 billion

Softbank-backed Oyo raises $1.5 bn at $10 bn valuation for market expansion
Updated On : 07 Oct 2019 | 2:32 PM IST

SoftBank Vision Fund looks to acquire 3.28% more stake in Delhivery

In February, CCI had approved SVFD's subscription to compulsorily convertible preference shares amounting to 22.44% of the total shareholding of Delhivery

SoftBank Vision Fund looks to acquire 3.28% more stake in Delhivery
Updated On : 02 Oct 2019 | 1:28 AM IST

Softbank bets on former Sprint boss Marcelo Claure to fix WeWork

Masayoshi Son, the head of SoftBank, has asked the former CEO of Sprint to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank

Softbank bets on former Sprint boss Marcelo Claure to fix WeWork
Updated On : 28 Sep 2019 | 11:07 PM IST

WeWork set to undergo a seismic shift with Neumann family's ouster

WeWork long had the image of a family business: a husband-and-wife pair at the helm and company slogans about how life is "better together."

WeWork set to undergo a seismic shift with Neumann family's ouster
Updated On : 28 Sep 2019 | 8:27 PM IST

Room for more: Oyo to raise another $1 bn as it adds stars to its hotels

The plan is to take up luxury properties in India and abroad

Room for more: Oyo to raise another $1 bn as it adds stars to its hotels
Updated On : 23 Sep 2019 | 2:48 AM IST

WeWork considers dramatic discount to the $47 billion IPO valuation

The We Company is under pressure to proceed with the IPO, despite the big valuation drop, to secure funding for its operations

WeWork considers dramatic discount to the $47 billion IPO valuation
Updated On : 14 Sep 2019 | 9:39 PM IST

Gone in 146 seconds: Japan's investors race to buy SoftBank bonds

SoftBank founder Masayoshi Son has relied heavily on local investors, particularly individuals, to raise capital

Gone in 146 seconds: Japan's investors race to buy SoftBank bonds
Updated On : 13 Sep 2019 | 1:50 AM IST

Yahoo Japan aims to buy control of online fashion retailer Zozo for $3.7 bn

Yahoo Japan is a consolidated subsidiary of telco SoftBank Corp, which in turn is controlled by tech conglomerate SoftBank Group Corp

Yahoo Japan aims to buy control of online fashion retailer Zozo for $3.7 bn
Updated On : 12 Sep 2019 | 10:41 PM IST

Top biz headlines: RBI on economic slowdown, Essel Infra-Adani deal & more

From the findings of RBI's annual report to government's plan to fast-track Make in India plan, here are the top business headlines for Friday

Top biz headlines: RBI on economic slowdown, Essel Infra-Adani deal & more
Updated On : 30 Aug 2019 | 7:30 AM IST

Softbank said to continue blitzkrieg even as Alibaba halts new investments

Alibaba is likely to reserve resources for existing portfolio

Softbank said to continue blitzkrieg even as Alibaba halts new investments
Updated On : 26 Aug 2019 | 3:58 PM IST

SoftBank plans to lend up to $20 billion to employees to invest in new fund

The loans are likely to have an interest rate of about 5%

SoftBank plans to lend up to $20 billion to employees to invest in new fund
Updated On : 17 Aug 2019 | 11:12 PM IST

Top 10 business headlines: Modi's economic plan, stimulus package & more

From SoftBank eyeing stake in Airtel's telecom biz and other assets to Anil Agarwal's expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday

Top 10 business headlines: Modi's economic plan, stimulus package & more
Updated On : 12 Aug 2019 | 8:31 AM IST

SoftBank in talks to buy stake in Bharti Airtel's telecom biz, other assets

Talks are in initial stages for direct or indirect holding in telco or other assets

SoftBank in talks to buy stake in Bharti Airtel's telecom biz, other assets
Updated On : 12 Aug 2019 | 2:52 AM IST

SoftBank announces new $108-billion Vision Fund with Apple, Microsoft

SoftBank wants to raise a new massive fund every two or three years to take advantage of opportunities he sees in cutting-edge technologies

SoftBank announces new $108-billion Vision Fund with Apple, Microsoft
Updated On : 26 Jul 2019 | 7:40 AM IST