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SEC filing shows Softbank initiates stake in Capital One; sells 71.5% of its Taiwan Semi holdingsSoftbank acquired a new stake in Capital One during the second quarter. It also purchased a stake in Life360, a location sharing service pr...
SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
SoftBank's PayPay delays IPO roadshow launch, sources say, as Iran attack rattles marketsThe postponement, which has not been previously reported, comes after the U.S. and Israel launched strikes on Iran that killed Iran's Supre...
Uber appoints Palo Alto CEO Nikesh Arora to boardUber has appointed Palo Alto Networks CEO Nikesh Arora to its board, where he will serve on the Nominating and Governance and Compensation ...
Ahead of $1.25-bn IPO, lesser-known company's Swiggy share buy gets D-Street's attentionModern Insulators, a lesser-known firm, has invested in Swiggy by acquiring 1.38 lakh shares at ₹360 per share, valuing the food delivery g...
Did the creator of IRL use millions in investor funds for lavish weddings and luxury vacations?Abraham Shafi, the creator of IRL, and his wife Barbara Woortmann are facing legal action from the SEC for allegedly misrepresenting the ap...
Invesco reduces fair value of Pine Labs, SwiggyInvesco has reduced the fair value of fintech company Pine Labs and food delivery firm Swiggy in its latest shareholder report. Pine Labs' ...
SoftBank sells off Vision Fund assets as Son pivots to AI, chipsSoftBank is shifting focus to AI and semiconductors, while its Vision Fund is selling stakes or writing down billions of dollars worth of i...
ETtech Explained: WeWork's downfall from $47 billion valuation to bankruptcyThe startup opened its first location in New York City, in April 2011. It focused on leasing office space, rather than buying.
Mortgage lender Better's shares sink in grim Nasdaq debutBacked by SoftBank, Better completed its combination with special purpose acquisition company (SPAC) Aurora Acquisition Corp, capping a roc...
Instacart plans for September IPO in boost for US listingsThe largest US online grocery-delivery company could publicly file its plans for an IPO with the US Securities and Exchange Commission as s...
US investor Baron Capital marks down Swiggy’s valuation by 34% to $7.1 billion in latest filingAccording to regulatory filings, Baron Capital had marked down Swiggy’s valuation to $6.7 billion as of June 2022, just six months after bu...
SoftBank shares rise after Arm files confidentially for IPOArm said over the weekend it had confidentially submitted a draft registration statement to the US Securities and Exchange Commission for i...
UiPath raises $750 million in funding, valuation soars to $35 billionThe round was co-led by existing investors Alkeon Capital and Coatue with participation from Altimeter Capital, Dragoneer, IVP, Sequoia, Ti...
Bull run for private technology funding market coming to an end: Softbank's Deep NisharNishar said the debacle at WeWork, which SoftBank bailed out with a $9.5 billion cash injection, was an extreme case of dissonance between ...
need2know: Boiling oil, falling gold price and other macro triggers for your day on D-StreetA look at top macro triggers that may move market on Tuesday.
Walmart to be at ease even if SoftBank stays put in FlipkartThe Japanese firm is having second thoughts and may take about 10 days to decide on whether to sell its 21% stake to Walmart .
Walmart may put $ 3 billion more in Flipkart, take over 85% stakeThe price at which Walmart bought Flipkart stake has not been disclosed, and different tranches could have been purchased at different pric...
Walmart can invest another $3 billion in Flipkart at the same valuationWalmart's additional $3 billion investment will up its shareholding by 10-12 per cent.
Asset management firm marks up Flipkart's valuation by up to 64%, Ola's by 12%The move to markup the share prices comes after both their valuations fell by 30-40% and successive markdowns faced by the two companies in...