Search Results for:Pavel Alpeyev

SoftBank announces $21b IPO of domestic telecom business

The Japanese technology conglomerate plans to sell 1.6 billion shares at 1,500 yen apiece, valuing the business at 7.18 trillion yen ($62.9 billion).

SoftBank profit soars as Son’s technology bets begin to pay off

SoftBank reported second-quarter profit that far exceeded the highest analyst estimate largely because of multi-billion dollar gains on a handful of his many deals.

Origami Inc pushing QR app to replace cash payments in Japan

Cashless payments accounted for just 20% of total consumer spending in Japan during 2016, compared with 60% in China and 89% in S Korea.

It may be time for SoftBank to consider a future without Saudi money

With the growing backlash against Saudi Arabia over the murder of government critic Jamal Khashoggi, SoftBank Group Corp. faces tough decisions in its relationship with the kingdom.

SoftBank COO said to pull out of Saudi conference

While a growing list of business leaders have withdrawn from the event, the Japanese conglomerate is one of the kingdom’s closest partners and founder Masayoshi Son is on the conference’s advisory board.

SoftBank said to be in talks to take majority stake in WeWork

The Japanese conglomerate and its Vision Fund invested $4.4 billion in WeWork last year and put in an additional $1 billion in August in the form of a convertible note.

Altaba to raise $4.3b by exiting Yahoo Japan stake

Altaba is Yahoo Japan’s second-largest shareholder with a 23.9 percent stake, trailing only SoftBank Group Corp.

Japanese e-commerce giant Rakuten unveils plan to fight Amazon, SoftBank

The new mobile business, slated for debut next year, will tie together the company’s disparate portfolio of about 80 different services.

Why some techies are shunning Silicon Valley for Japanese dream

Corporate Japan has a reputation for long hours, small salaries and no Silicon Valley-style stock options, but the country is also having a kind of renaissance that’s making it easier to recruit global talent.

SoftBank founder Masayoshi Son in his own words – all 303,513 of them

The SoftBank founder oversees the largest technology fund in history and is putting money into ride-hailing, e-commerce, digital payments, satellites, semiconductors, agriculture and cancer detection – just for a start.