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COUPANG INC.
South Korea tells US lawmakers it will ensure no discrimination against US tech firmsSouth Korea assured US tech firms, including Coupang, of no discriminatory measures following a letter from American lawmakers. The governm...- South Korea blames Coupang data breach on management failure, not sophisticated attackCoupang Korea, operated by US-listed Coupang Inc, faced a public and lawmaker backlash over the breach. The incident added to trade frictio...
- South Korean police to question interim CEO of Coupang in data breach probeInterim Chief Executive Harold Rogers pledged to cooperate with all probes into the data leak.
- 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...
- SoftBank group posts $13 billion in losses amid tech sell-offThe slump is casting a shadow on founder and chief executive officer (CEO) Masayoshi Son's strategy of heavy concentration in high-growth s...
- SoftBank faces record loss as Masayoshi Son's bets tumble againThe world’s largest tech fund is estimated to have lost about $18.6 billion on its public portfolio alone during the quarter ended Mar. 31,...
- Amid Share price Instability, SoftBank's Alibaba shareholding is under focusMany of the conglomerate's technology firms have dropped in value in the last year.
- Record bond sale from SoftBank to test demand after risks surgedBillionaire Masayoshi Son’s technology conglomerate is marketing 550 billion yen ($4.8 billion) of seven-year subordinated notes, and the p...
- Superlatives abound in 26% S&P rally in 2021The most all-time highs in 26 years. Triple-digit rallies in some small caps thanks to retail-trader frenzies. A $1 trillion rout after Chi...
- SoftBank may invest $10 billion in Indian startups in 2022India has been a bright spot for SoftBank, whose Vision Fund reported a record loss of $7.2 billion for the quarter ended in September.
- SoftBank Vision Fund sells $2 billion of DoorDash sharesSoftBank Group CEO Masayoshi Son has tapped his shareholdings in DoorDash Inc. for the third time in just six months, selling $2 billion wo...
- SoftBank's Vision Fund posts $2 bn profit, share weakness casts shadowThe Japanese conglomerate posted record annual profit in May with executives pointing to further upside from Vision Fund investments such a...
- SoftBank reports $37 billion Vision Fund profit on CoupangSoftBank Group has clocked a net profit of 4.99 trillion yen in the year ended March. That compares with an 962 billion yen loss a year ear...
- SoftBank reaps $33 billion Coupang windfallShares of Coupang opened 81% above their offer price on Thursday, after the company raised $4.6 billion in the US stock market's biggest in...
- S&P 500, Dow end at record highs after upbeat jobless claims dataMega-cap stocks Microsoft Corp, Apple Inc, Facebook Inc and Amazon.com Inc led the rally, recouping losses from a recent pullback and helpi...
- Coupang surges to over $100 billion valuation after $4.6 billion IPOCoupang share price soared 81% to open at $63.50 apiece on the NYSE. This after South Korea's largest e-commerce firm sold 130 million shar...
- Coupang raises $4.6 billion in biggest US IPO so far this yearCoupang had priced 130 million shares sold in the IPO at $35 apiece, higher than the marketing range $32-$34 per share, giving the Seoul-he...
- View: Can Masa Son outshine SPAC superstar Chamath Palihapitiya?SoftBank managed to raise only $600 million last year in the US SPAC boom. Chamath Palihapitiya, a venture capitalist and social influencer...
- SoftBank returns to profit after record lossesMasayoshi Son has pulled off a remarkably speedy comeback after the worst loss in his company’s 39-year history.
- SoftBank Group Corp promotes Lydia Jett to Partner at $100 bn Vision FundJett, who previously worked as an investment banker at JPMorgan Chase & Co. and in private equity at Goldman Sachs Group Inc., will continu...
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