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Tag softbank

WeWork sues SoftBank over cancelled $3b tender offer

The special committee of WeWork‘s board said it is suing SoftBank after the investment giant withdrew its US$3 billion tender offer for the embattled startup. Read more: https://bit.ly/3aWnnUo

SoftBank’s Vision Fund posts $2b loss in third quarter

SoftBank posted an operating loss of 225.1 billion yen (US$2.1 billion) from its US$100 billion Vision Fund for the three months ended December 2019, down from the 176.4 billion yen (US$1.6 billion) of profit it recorded in the same period… Continue Reading →

Indian eyewear brand Lenskart secures $275m from SoftBank

Indian eyewear company Lenskart said it is raising more than US$275 million from Japanese conglomerate SoftBank. Founded in 2010, Lenskart is an omnichannel eyewear retailer that manufactures and distributes eyeglasses, sunglasses, and contact lenses to 500 stores across 1,000 cities… Continue Reading →

SoftBank’s China strategy wobbles as key bets disappoint

HONG KONG/BEIJING (Reuters) – For SoftBank Group Inc, financial technology firm OneConnect’s IPO should have been a vindication of an aggressive China investing strategy. Read more: https://reut.rs/379MqRR

SoftBank 倡議旗下獲注資公司組成生態圈

SoftBank Vision Fund 幾年來已經投資大額資源到不同的初創公司,這些初創公司一直都是保持獨立營運,而 SoftBank 方面最近就舉辦了一次大會聚集這些公司的高層,希望可以造成一個生態圈。 Read more: http://bit.ly/2OYzI3T

Empire of The Rising Son

Born in 1957 to a poor Korean immigrant family in rural Japan, he faced constant discrimination. Young Son developed a rebellious attitude. Read more: http://bit.ly/2Wn19ry

油王的錢投什麼 (老占)

成功投資阿里巴巴、雅虎後,孫正義的胃口變得更大。(法新社資料圖片) Read more: http://bit.ly/2Z5sXO6

SoftBank’s Vision Fund looks to borrow $4bn against tech stakes

Gain access to global coverage from local journalists on the ground in 50+ countries working around the clock to break news, analyze, spot risks and opportunities. Join over 300,000 Finance professionals who already subscribe to the FT. Read more: https://on.ft.com/30W5ccT

In brief: SoftBank to launch second AI fund of more than $55m

AD. Remove this ad space by subscribing. Support independent journalism. SoftBank Group Corp. Read more: http://bit.ly/2Xgbemr

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