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SOFTBANK ANNUAL LOSS
Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Global Markets | Japan's Nikkei ends higher as AI-related shares riseBut Tokyo Electron gave up early losses to end 0.14% higher. Advantest, which fell as much 1.5%, recovered most of its loss to edge 0.26% ...
- Global Markets | Japan's Nikkei pulls back from record high as SoftBank Group fallsTechnology investor SoftBank Group fell 4.56% to drag the Nikkei lower the most after the U.S.-listed shares of Arm Holdings tumbled overn...
- Ola Consumer's FY25 revenue drops 42%, losses widen, as company begins prep for IPOOla Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of...
- Intel’s $100 billion April rally makes it market’s hottest stockIntel has emerged as one of the hottest S&P 500 stocks, adding over $100 billion in market value during a nine-day, 53% rally. A string of ...
- Japan's Nikkei rises as SoftBank Group trims losses; Topix hits new highJapan's Nikkei share average rose on Wednesday, extending gains after SoftBank Group trimmed losses, while Sony Group helped the broader To...
- SoftBank prepares new round of layoffs at Vision FundThe layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...
- SoftBank exploring offering credit funds to tech startupsSoftBank Investment Advisers, which manages two Vision Funds, is exploring launching a private credit strategy that provides debt or debt-l...
- SoftBank shares fall 5% after annual lossSoftBank reported a net loss of 970 billion yen ($7.18 billion) after a sell-down of its stake in Chinese e-commerce giant Alibaba Group Ho...
- 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...
- SoftBank earnings put Arm IPO plans, startup valuations in focusValuations of Vision Fund investments are challenging to estimate due to the high proportion of unlisted companies in the portfolio, making...
- Nasdaq listing most likely for Arm: SoftBank's Masayoshi SonSoftbank Group Corp's founder and chief executive Masayoshi Son on Friday reiterated that the Japanese conglomerate was most likely to list...
- SoftBank executive pay slashed after historic Vision Fund lossSoftBank’s founder and chief executive officer (CEO) Masayoshi Son kept his pay unchanged at 100 million yen (roughly $785,000), however fo...
- SoftBank hands new roles to two Vision Fund managing partnersThe executive reshuffle signals a heightened focus on SoftBank’s senior ranks in a period of turbulence for the Japanese conglomerate.
- SoftBank Vision Fund head's pay doubled last year despite massive lossesSoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as th...
- SoftBank to sell $ 3.1 billion worth of Japan telecom unit stakeThe sale of 240 million shares for a yet to be determined price and set to close on May 26 will leave SoftBank Group with a 62.1% stake in ...
- SoftBank to write down WeWork by $6.6 bln, compounding portfolio miserySoftBank is embroiled in a legal dispute with directors at WeWork after backing out of a $3 billion tender offer agreed when it bailed out ...
- Oyo Parent suffers Rs 2,385-cr net loss, operating expenses jump more than 390%The rise in total expenses comes at a time when the company has been expanding aggressively into overseas markets, particularly in China, w...
- Softbank cuts $555 million in India portfolio value due to Yen appreciationWhile Softbank mentioned Snapdeal and Ola specifically in the write off, it did not mention other India portfolio companies like hotel book...
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