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Japan's Nikkei falls more than 2% on AI spending worriesJapan's Nikkei share average dropped more than two percent on Friday. This decline was spurred by concerns over heavy artificial intelligen...- Japan's Nikkei rises as chip shares gain, BOJ's rate hike prospects weighJapan's Nikkei share average saw an increase on Thursday, driven by chip-related stocks. These gains were tempered by concerns over an earl...
- InMobi appoints JPMorgan, Jefferies for nearly $1 billion IPOThe SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported...
- ETtech Deals Digest: Udaan, Emergent deals lift weekly funding to $346 million, up 332% on-yearIndian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Lat...
- JERA begins study on US listing as it steps up overseas expansion, sources sayJapan's largest power generator, JERA, is studying a potential U.S. stock market listing. This move aims to broaden funding options and acc...
- MDR on UPI on the cards; Emergent enters unicorn clubThe government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch.
- Global Markets: Japan's Nikkei drops nearly 3% as chip stocks slide despite robust TSMC resultsJapan's Nikkei share average finished close to a three percent decline on Thursday, influenced by a sell-off in chip-related stocks and esc...
- Hyundai Motor to buy SoftBank's remaining stake in Boston DynamicsHyundai Motor Group is acquiring SoftBank's stake in Boston Dynamics. This move aims to integrate advanced robotics into Hyundai's manufact...
- Udaan’s structured funding deal; Temasek pares Lenskart stakeHit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5.
- SoftBank's Masayoshi Son says AI will need $5 trillion per year by 2040, dismisses bubble talk"The business model will be viable because by 2040, if AI revenue makes up 20% of global GDP, spending 800 trillion yen a year is a roundin...
- SoftBank names ex-Goldman Sachs trader Mark Agne to lead Vision Fund financesSoftBank Vision Fund has appointed Mark Agne to lead finance and technology roles. The move follows a series of staffing changes at SoftBan...
- Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPOFast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced str...
- Sellers file anti-trust complaints against Flipkart with CCIFiled by the Forum for Internet Retailers, Sellers and Traders (FIRST) on July 6, the complaint has sought an investigation into Flipkart, ...
- SoftBank, fintech firm PayPay in talks to invest in retail giant Seven & i: ReportThe investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also ...
- Global markets are mixed and oil prices rise as Iran and US launch new attacksGlobal markets show mixed early trading as oil prices rise modestly. Fresh attacks between Iran and the United States threaten a fragile re...
- CarDekho set to file for Rs 3,000 crore IPO; targets around Rs 13,000 crore valuationThe IPO is expected to be largely an offer for sale (OFS) by existing shareholders, with a fresh issue of about Rs 300 crore. The Jaipur-ba...
- Japan's Nikkei falls in volatile trade as tech tracks Nasdaq selloffJapan's Nikkei share average declined in choppy trade on Wednesday. Technology stocks faced pressure after overnight losses on the Nasdaq i...
- SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
- 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...
- Japan's Nikkei ends 4% lower as SoftBank tanks on OpenAI IPO delay reportJapan's Nikkei index experienced a significant drop of 4% on Friday, largely due to a sharp decline in tech investor SoftBank Group, which ...
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