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COUPANG PARENT COMPANY
Coupang CEO resigns after online retailer hit by massive data breachCoupang’s CEO Park Dae-jun has stepped down after a major data breach, accepting responsibility for the incident. Harold Rogers from the US...
Nine K-Dramas to watch in November on OTT: Dear X to Nice To Not Meet You to The Manipulated and more on Netflix, Prime Video, JioHotstar, VikiNovember brings a diverse slate of K-dramas, from heartwarming romances like Last Summer to intense thrillers such as The Manipulated. View...
Reverse flip in cart, Flipkart plans IPO delivery in 12-15 monthsFlipkart, India's leading e-commerce giant, is gearing up for a landmark IPO within the next 12-15 months. The Walmart-owned company has in...
Former SoftBank managing partner Lydia Jett joins Flipkart boardLydia Jett previously joined Flipkart’s board as a representative of SoftBank in 2017. She had exited Flipkart’s board after stepping down ...
Rajeev Misra steps back at SoftBank to launch new fundRajeev Misra, who has led the SoftBank Vision Fund since 2017 when it raised $100 billion, the largest pool of private capital, is likely t...
SoftBank posts $7.18 billion annual loss as Vision Fund slides furtherJapan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year ended March 31, with the Vision Fun...
2022 Year in Review: the biggest stories in technology & startups this yearFrom controversies and regulatory diktats to high-profile exits and en masse layoffs, 2022 was a turbulent year for the tech industry.
WazirX tells workers it ‘disagrees’ with ED; Son’s warning to unicorn foundersThree days after the Enforcement Directorate froze its bank assets worth Rs 64.67 crore, crypto exchange WazirX has sought to allay the con...
SoftBank to slash investments after $26 billion Vision Fund loss: Masayoshi SonAmong Indian listed portfolio companies, SoftBank reported unrealised loss of $600 million as of FY22 from $1.4 billion investment in Paytm
Storm clouds gather at SoftBank Group as valuations slideMajor SoftBank assets that went public over the last year and are now trading below their listing price include ridehailing company Didi Gl...
Flipkart CEO outlines IPO plans for next year, egrocery key to milestoneKrishnamurthy said new ecommerce entrants are merely noise, Amazon remains main competitor
SoftBank's Masayoshi Son is bullish on Paytm IPO amid muted launchThe Paytm IPO will be a "great event" for SoftBank, CEO Masayoshi Son says. “I believe Paytm should grow significantly...and valuation-wise...
Carlyle, others to part-sell Delhivery stakes; govt issues FAQs on IT rulesPrivate equity major Carlyle is among the investors in new-age logistics firm Delhivery that will sell portions of their stakes in the comp...
T Rowe Price MFs mark up Paytm valuation by 16% ahead of IPOFor the quarter ending March 2021, December 2020 and September 2020, Paytm shares were valued at around $255, recovering from the significa...
BrowserStack hits $4B valuation, RS Prasad criticises TwitterFrom BrowserStack's new funding round to SoftBank-Mindtickle's potential deal and PUBG parent's upcoming IPO, here's a quick look at the to...
SoftBank Vision Fund invested $2 billion into India startups this year: CEO Rajeev Misra“The key is to find interesting companies where we like the founder and the valuation,” SoftBank Vision Fund CEO Rajeev Misra says, adding ...
Crypto boomersIn today's ETtech Morning Dispatch: Boomers are signing up to invest in crypto, Mamaearth may land new financing and SoftBank rejigs InMobi...
Paytm set to get 7% stake in IPO-bound PayPayThis was revealed in a regulatory filing on Wednesday by SoftBank, which owns around 20% stake in One97 Communications, the parent entity o...
Paid in IndiaIn today's ETtech Evening Briefing: Coupang's IPO and listing a shot in the arm for SoftBank; Nazara Technologies to launch India's first g...
OYO, Flipkart gains help beef up SoftBank’s Q2 netSoftBank Vision Fund contributed 393 billion yen (about $3.47 billion) to the Japanese conglomerate’s second-quarter profit.