SoftBank

SoftBank Group sells schip designesArm to NVIDIA for upto USD 40 billion

British PM Boris Johnson's spokesman confirmed that UK regulators were looking into the deal, and its implications for Arm's headquarters in Cambridge.

published on : 30th September 2020

Unacademy enters unicorn club after raising $150 million in fresh round led by SoftBank

Unacademy saw its valuation rise to $1.45 billion from $510 million five months ago, turning it into India's second edtech unicorn after Byjus.

published on : 2nd September 2020

SoftBank in talks to buy 14.7 per cent stake in e-learning start-up Unacademy

The proposed deal will also bring Unacademy under the unicorn club of India with a valuation of $1.2 billion.

published on : 25th August 2020

SoftBank bets under fire, Masayoshi Son and Jack Ma part ways

Tech billionaires Jack Ma and Masayoshi Son have parted ways after 15 years with Son exiting Ma’s e-commerce platform Alibaba’s board.

published on : 26th June 2020

SoftBank's Masayoshi Son leaves Alibaba board following Ma's departure

Son said he was “graduating" from Alibaba in the same way Ma was graduating from SoftBank. The two companies have had a close relationship for 20 years.

published on : 25th June 2020

SoftBank's Vision Fund posts massive USD 18 billion loss, Jack Ma quits board

The exit of Ma, co-founder of Ali Baba, could lead to further distancing of SoftBank from one of its largest portfolio companies

published on : 19th May 2020

Zomato likely to buy Grofers in all-stocks deal as grocery war heats up amid COVID-19 lockdown

Japan's tech investment giant, SoftBank may pour in nearly USD 200 million in the merged entity and the deal might bring together two of the world's leading investors, Soft Bank and Ant Financial.

published on : 14th April 2020

Walmart to buy controlling stake in Flipkart for USD 16 billion

Walmart warned that it expects the deal to hit its fiscal 2019 earnings per share by 25 cents to 30 cents, if the deal closes as expected before the end of the second quarter.

published on : 9th May 2018

Walmart inches closer to sealing deal with Flipkart 

Sources said all major investors in Flipkart, including SoftBank of Japan, are more or less on board with Walmart's purchase and the deal could be announced in the coming days.

published on : 3rd May 2018

SoftBank Fund may invest up to USD 2 billion in Flipkart

SoftBank, through SoftBank Vision Fund, is in discussions with Flipkart to invest between USD 1.5-2 billion, according to industry sources.

published on : 1st August 2017

Trump claims $50 billion SoftBank investment due to his election win

Should the SoftBank fund grow as large as $100 billion, it would be one of the world's largest private equity investors and a potential kingpin in the technology sector.

published on : 7th December 2016

SoftBank Corp writes down India investment by USD 560 million

In the earning statement for six months ending September 30, SoftBank wrote off 58.14 billion yen in the value of shares in its investments in India, which include firms that run Ola and Snapdeal.

published on : 8th November 2016
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