Page 7 - Softbank

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

SoftBank-backed Grab in talks to go public in nearly $40 bn SPAC deal

The Wall Street Journal reported earlier in the day SoftBank-backed Grab was in talks with Altimeter Capital Management LP.

SoftBank-backed Coupang raises $4.6 billion in US IPO

(Reuters) - Coupang LLC, South Korea's largest e-commerce company, raised $4.6 billion in the biggest share offering in the United States this year after selling stocks in IPO above its deal target range, the company said on Thursday.

SoftBank-backed e-commerce firm Coupang raises $4.2 bn in US IPO: Report

The IPO price of $35 apiece, higher than the marketing range $32-$34 per share, gives Seoul-headquartered Coupang, which is backed by Japan's SoftBank Group Corp, a market value of $60 billion

Oyo's Singapore subsidiary secures $200 million term loan from SoftBank

Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.

SoftBank-backed Coupang boosts IPO price, aims for $58 billion valuation

South Korea's Coupang Inc, is seeking a valuation of more than $58 billion in its U.S. stock market debut, after the e-commerce giant raised the price range for its offering on Tuesday.

SoftBank aims to double PayPay users in cashless payments fight

PayPay has used SoftBank's sales network and aggressive rebates to attract 36 million users in the three years since launch

SoftBank-backed Berkshire Grey to go public via $2.7 bn SPAC deal

The deal is expected to provide Berkshire Grey about $413 million in cash, as the maker of logistics automation systems looks to take advantage of a surge in online shopping amid the COVID-19 pandemic

WeWork co-founder Adam Neumann nears settlement with SoftBank: Report

The settlement would put to rest a prolonged legal battle between Neumann and Softbank, which dates back to 2019 when WeWork's IPO plans fell apart

ByteDance explores sale of Indian TikTok ops to rival firm Glance: Report

The discussions, initiated by Japan's SoftBank Group Corp, are private, early and complex, the report said

SoftBank pulls out of Latin America partnership with Oyo Hotels, ends JV

Oyo has struggled across its markets worldwide as the coronavirus crisis pummeled the tourism industry, and has drastically scaled back its workforce

SoftBank Group-backed Coupang reveals revenue surge ahead of US IPO

In its filing, Coupang said 2020 total revenue jumped 91% to $11.97 billion from a year earlier, and net loss narrowed to $474.9 million from $698.8 million in the same period

SoftBank-backed Grofers plans to go public in US through SPAC deal

Seeking a deal that would value the online grocer at $1 bn