Search Results for:Sam Nussey

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.


SoftBank’s Son to go unicorn hunting as company shifts focus

Son says he spent 97% of his time on managing the telecoms business and only 3% on investing.


Japanese app operator Mercari jumps 77% on market debut

The stock debut underscores strong investor appetite for a rare Japanese unicorn bent on U.S. expansion.


Japan’s SoftBank to invest up to $100b in Indian solar power projects

The company is expected to make the investment through a fund backed by Saudi Arabia’s government.


SoftBank’s ARM to cede control of Chinese operations to new local joint venture

Chip designer ARM will sell 51 percent of ARM China for $775 million to unnamed investors.


SoftBank to sell Flipkart stake to Walmart, first known Vision Fund divestment

The Vision Fund has invested $30 billion in startups in the last year.


SoftBank’s Son says second Vision Fund to be rolled out in ‘near future’

Son said the new fund could see a return of investors in the original Vision Fund, which include the sovereign wealth funds of Saudi Arabia and Abu Dhabi, Apple Inc and Hon Hai Precision Industry Co Ltd (Foxconn).