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SOFTBANK INVESTMENT
Meesho block deal: SoftBank-backed entity likely to sell 1% stake worth Rs 1,174 croreSoftBank-backed SVF II Meerkat may sell a 1% stake in Meesho through a Rs 1,174 crore block deal. The development comes as Meesho reports n...
Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision fundsLenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according t...
Japan's Nikkei rises as tech stocks gain despite Nvidia uncertaintyJapan’s Nikkei rose 0.33%, while the Topix gained 0.59%, driven by strength in technology stocks despite uncertainty surrounding Nvidia’s l...
Qcomm’s Diwali boost; Energy startups attract fundsHappy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
European shares rise as Siemens Energy forecast lifts AI optimism; inflation concerns persistEuropean shares opened higher, supported by positive forecasts from Siemens Energy and CoreWeave, which eases AI investment concerns. The p...
Fed's Bowman flags persistent inflation, expects price pressure to ease next yearFed Vice Chair Michelle Bowman flagged persistent US inflation but stopped short of calling for further rate hikes. She expects core PCE in...
Goldman Sachs forecasts additional Fed rate hike in March after hotter US inflation dataGoldman Sachs expects the US Federal Reserve to deliver an additional 25-basis-point rate hike in March after October inflation data came i...
SoftBank posts $7 billion quarterly loss as AI investment risks mountSoftBank Group reported a $7 billion quarterly loss, reversing last year's profit, as volatile AI investments weighed on earnings. Its $64....
Tech investor SoftBank Group logs $7 bn quarterly net lossThe company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio o...
Japan's Nikkei surges nearly 3% as AI stocks extend rebound; SoftBank jumps 14%Japan's Nikkei index jumped nearly 3% on Tuesday as AI and semiconductor stocks recovered from Friday's sharp selloff. SoftBank Group surge...
SoftBank to face scrutiny of AI strategy at second-quarter earnings after selloffSoftBank Group is on the brink of unveiling its quarterly earnings, navigating a turbulent landscape marked by challenges in the artificial...
Japanese government bond yields hit multi-month lows as tech selloff fuels safe-haven demand?Japanese government bonds rallied as investors sought safety from the deepening global technology-stock selloff. The benchmark 10-year yiel...
- China blocks SoftBank's $5.4 billion acquisition of ABB Robotics
China has blocked SoftBank’s $5.4 billion acquisition of ABB’s robotics business, disrupting the Japanese group’s AI-powered robotics expan...
SoftBank credit default swaps hit 4-year high as AI profitability concerns mountSoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profit...
SoftBank credit risk jumps to 4-year high as AI fears roil marketThe cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI p...
Nikkei slides to 3-month low as AI stocks tumble on US election jittersJapan's Nikkei index took a hit as AI-driven stocks plummeted following the aftermath of the US elections, raising alarms over potential De...
SoftBank-backed OPay raises $304 million in US IPOThe Nigeria-focused firm sold 16 million American depositary shares at $19 apiece in the IPO, compared with its targeted range of $19 to $2...
Ola Electric’s Rs 1,000-crore rights issue fully subscribed ahead of closing dateThe rights issue, which opened on Thursday, will close on October 30. Shareholders could sell or transfer their rights entitlement in the m...
SoftBank sold 1.2% stake in Ola Electric between January-OctoberThe investor also sold rights entitlements to subscribe to an additional 1.12 crore shares, according to a disclosure filed with the stock ...