SoftBank seen returning to loss in Q4 despite tech stock strengthSoftBank Group anticipates losses despite Arm Holdings' success, with potential new growth investments. The soaring Arm share price, driven...
11 May, 2024, 12.24 PM IST
Farfetch to be acquired by Coupang for $500 millionFarfetch, which is based in London, was once feted as the most dominant force in luxury fashion. It went public on the New York Stock Excha...
19 Dec, 2023, 10.24 PM IST
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...
11 May, 2023, 12.47 PM IST
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,...
11 May, 2022, 08.21 AM IST
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.
26 Mar, 2022, 09.36 PM IST
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...
04 Feb, 2022, 09.29 AM IST
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...
07 Jan, 2022, 10.47 AM IST
SoftBank dragged into red by falling Vision Fund valuationsBright spots for the Vision Fund include its India portfolio with ride-hailer Ola and logistics firm Delhivery targeting listings.
08 Nov, 2021, 01.18 PM IST
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...
01 Sep, 2021, 06.10 AM IST
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...
12 May, 2021, 12.02 PM IST
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...
12 Mar, 2021, 03.37 PM IST
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...
12 Mar, 2021, 06.17 AM IST
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...
12 Mar, 2021, 12.01 AM IST
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...
11 Mar, 2021, 08.31 PM IST
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...
04 Mar, 2021, 07.31 PM IST
SoftBank shares hit record high as online backers celebrateShares in SoftBank, a heavily weighted component of the Nikkei 225 index which is trading at 30-year highs, closed up 4% at 10,420 yen, abo...
16 Feb, 2021, 01.45 PM IST
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.
11 Aug, 2020, 02.43 PM IST