Search Results for:Sam Nussey

Japan’s Line inks fintech deals with Mizuho, Tencent in hunt for alternative growth avenues

The moves come as Line seeks alternative revenue streams to offset stagnating user numbers for its app, expanding into areas such as payments, stock broking, insurance and cryptocurrencies.


Saudi ties in focus as SoftBank’s Son makes first appearance since Khashoggi murder

Saudi Arabia is the largest investor in SoftBank’s $93 billion Vision Fund, giving Son firepower to make big bets in late-stage startups.


SoftBank hires Time Warner executive to lead global communications

It is the latest high-profile hire by SoftBank when it faces criticism for its links to S Arabia, the largest investor in its Vision Fund.


Japan’s SoftBank shares plunge 8% as Saudi ties turn investors wary

The company last year raised more than $93 billion for its Vision Fund, of which $45 billion came from Saudi Arabia.


Japan’s FamilyMart in talks to fully divest Uny unit stake to Don Quijote

It may also be considering an investment of around 20 percent in Don Quijote.


SoftBank to raise $100b fund every 2-3 years, spend $50b annually

SoftBank Vision Fund’s largest investments to date are in companies including Uber and WeWork.


SoftBank’s Q1 profit soars 49% on the back of Flipkart divestment

The telecoms and technology firm’s profit was also bolstered by the sale of the majority of chip designer ARM Holding’s Chinese operations to a local consortium.


SoftBank to partner Paytm for launching digital payments service in Japan 

SoftBank said the service will be launched in autumn through a joint venture with Yahoo Japan Corp.


Japan’s Takeda to sell Osaka headquarters, could raise $542m

The move comes amid concerns over Takeda’s finances due to its $62 billion deal to buy London-listed Shire Plc.


Japan’s Uzabase to buy news site Quartz from Atlantic Media in up to $100m deal

The overseas expansion is the latest by a Japanese media company. In 2015, Japanese media group Nikkei agreed to buy Britain’s Financial Times for $1.3 billion.