Page 11 - Softbank

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

No more a tech firm: Softbank gives up pretending it isn't a hegde fund

Masayoshi Son used to run a tech company but he has not 'operated' anything for a while.

American Express in advanced talks to buy SoftBank-backed Kabbage

American Express Co.'s small-business aspirations just took another step forward

SoftBank touts Vision Fund gains, ditches operating profit as yardstick

Chief Executive Masayoshi Son has long emphasised the total value of assets as his preferred yardstick

SoftBank-backed Oyo merging Japan operations and appointing new CEO

The reorganisation involves Oyo's hotel-booking and apartment-rental units coming together into a single company called Oyo Japan, to be led by Ryoma Yamamoto as CEO

SoftBank-backed Grab Holdings to raise $200 million from PE company

Seoul-based Stic Investments is looking to increase its exposure to the region and will invest about $100 million from one of its funds while raising the remainder from co-investors

SoftBank spent $3.8 billion to buy back 63.2 million shares in July, August

The latest purchases bring the total spent on buybacks since March to $9.5 billion

Nvidia may acquire SoftBank owned UK chip maker ARM for $32bn: Report

The proposed deal includes "both cash and stock and that it valued ARM at above the $32bn price that SoftBank paid for the business in 2016"

Solar power counts the price for bidding cheap in race for projects

Even as companies are stretching themselves for funds, calling for a clarity in government policy, Shreya Jai explains the problems pulling down solar power

Few parallels for RIL-like transformation in the world of business

One of the few in the league of RIL globally is the SoftBank Group, which has grown from being a PC software distributor and a telco to a technology-focused investor

SoftBank quietly sells additional $2.2 bn of its stake in Alibaba Group

The deal, which includes a collar contract and call spread, is expected to be settled between May 2024 and June 2024

With SoftBank rally, founder Masayoshi Son adds $12 bn to fortune

With SoftBank Group's shares surging to their highest price in two decades on Thursday, Son's net worth hit $20 billion

SoftBank Group shares reach highest level since 2000 on recovery hopes

The stock rose 4.6 per cent to 6,190 yen ($58) on Tuesday, the highest since March 2000.