IPOs & Markets
SoftBank reported 537.9 billion yen of unrealized losses in a plethora of investments from Uber to WeWork.
The deal includes $5 billion in new financing and an acceleration of a $1.5 billion existing commitment.
Son has often said that he has a 30-year plan for SoftBank. But his company’s shares have been battered by more immediate concerns, now trading at c
Public investors aren’t going to tolerate gimmicks, like super-voting rights or complicated share structures, said Son.
Saudi Arabia’s PIF, which chipped in $45b for the first fund, was not mentioned in the announcement Friday.
Masayoshi Son likes to sketch out a grand vision for the future of AI. On SoftBank's annual conference, he let his proteges and startups speak for the
Building up Uber Eats could be the company’s best chance, for now, to capture revenue in the world’s third-largest economy.
Six of the country’s 10 biggest salary packages last fiscal year were offered by SoftBank.
The value of SoftBank’s investment portfolio could grow 33-fold to 200 trillion yen ($1.8 trillion) in 20 years, he said.
Japan’s Line Corp has been investing heavily into fintech operations.
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