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SoftBank’s big bet on sharing economy backfires with CoronavirusInvestors are increasingly spooked about the stability of Son’s empire and its $100 billion Vision Fund amid the pandemic. Before this week...
26 Mar, 2020, 09.07 AM IST
SoftBank CEO faces tougher questions in US after market plungeThe Vision Fund is recovering from a series of stumbles. WeWork’s plan to go public last year imploded, forcing SoftBank to arrange a rescu...
03 Mar, 2020, 08.57 AM IST
SoftBank’s Son to pitch US investors under cloud of WeWorkSon, who often goes by the nickname Masa, controls more than a quarter of SoftBank stock through various vehicles, and the company bylaws r...
21 Feb, 2020, 09.30 AM IST
SoftBank-backed Brandless shutters less than 2 years after investmentThe closure marks an embarrassing failure for SoftBank, which is struggling with other investments made by its $100 billion tech fund, incl...
11 Feb, 2020, 09.50 AM IST
Activist Paul Singer builds close to $3 billion stake in SoftBankSinger’s Elliott Management Corp also wants SoftBank to set up a special committee to review the investment process at its venture capital ...
07 Feb, 2020, 09.05 AM IST
SoftBank-backed Oyo lays off thousands across India, ChinaSoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.
11 Jan, 2020, 12.45 PM IST
Become profitable, stop gimmicks. SoftBank’s Son gives 'very public lesson' to startup foundersWeWork isn’t SoftBank’s first intervention. Its investment in Uber Technologies Inc. included a deal to block controversial co-founder Trav...
27 Sep, 2019, 11.25 AM IST