Wed, Jan 24, 2024
The firm offloaded shares worth Rs 2,840 crore across three tranches -- May, July and December 2023 -- and the fourth tranche concluded earlier this week.
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Wed, Dec 27, 2023
The transaction bolsters the listed assets in SoftBank's portfolio, doubling its T-Mobile US stake to 7.64 per cent from 3.75 per cent currently, following the blockbuster listing of chip designer Arm in September.
Mon, Dec 11, 2023
The firm as of September end held 3.44 per cent stake or 29,60,73,993 equity shares in Zomato.
Sun, Feb 26, 2017
Paytm founder and CEO Vijay Shekhar Sharma tweeted: "Hello, Tech/Product people in Delhi NCR, feeling heat of business restructuring. We welcome you @Paytm and @Paytm-Mall with open arms."
Fri, Feb 24, 2017
Foxconn will invest $600 million for a majority stake in Softbank's subsidiary.
Thu, Feb 09, 2017
Japan's multinational telecom and internet firm SoftBank has reported $350 million loss on its investments in India including its investments in Ola and Snapdeal.
Mon, Feb 06, 2017
Despite reporting a loss of Rs 29.6 billion ($441 million) in the financial year to March 31, 2016, the CEO expects Snapdeal to turn profitable in the next 2 years.
Wed, Jan 25, 2017
Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.
Tue, Jan 10, 2017
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Thu, Jan 05, 2017
"Apple is planning to invest $1 billion in SoftBank`s Vision Fund. We have worked closely with SoftBank for many years and we believe their new fund will speed the development of technologies which may be strategically important to Apple," the company said in a statement.
Sat, Dec 31, 2016
Taiwan tech-giant Foxconn plans to build an $8.8-billion factory in China, state media said on Saturday, amid reports its billionaire boss is cooling off on future US investments.
Fri, Nov 25, 2016
The news about the company raising $600 million was first reported by PTI in the beginning of the month.
Tue, Nov 08, 2016
Japan's SoftBank Corporation has booked an investment loss of 58.14 billion yen ($560 million or nearly Rs 3,725.54 crore) on its investments in India including cab-hailing firm Ola and e-commerce company Snapdeal.
Sun, Nov 06, 2016
Ola is present in 102 cities and claims over 4,50,000 drivers on its platform with cabs, auto-rickshaws, taxis and bike taxis.
Sat, Oct 15, 2016
Saudi Arabia and Japan's SoftBank Group will create a technology investment fund that could grow as large as $100 billion, making it one of the world's largest private equity investors and a potential kingpin in the industry.
Tue, Sep 20, 2016
Grab's announcement comes a few weeks after Uber sold its China operations to bigger domestic rival Didi, an existing Grab investor, and analysts have said Uber may focus its efforts and money elsewhere, such as in Southeast Asia.
Tue, Aug 16, 2016
Hike competes with global messaging giants such as Facebook's WhatsApp and China-based WeChat. In comparison to these two messaging apps, Hike's valuation is several times lower.
Thu, Jun 30, 2016
The US market regulator is examining Japan's multinational telecommunications and internet company SoftBank Group (SBG) over misconduct allegations lodged against its ex-president Nikesh Arora who resigned last week, a news agency report said on Thursday.
Wed, Jun 22, 2016
SoftBank's investment bucket includes India's e-commerce majors like Snapdeal, OYO Rooms, Housing.com, PayTm and many more.
With Arora’s exit, the future of these investments and the future strategy of Softbank of India came under clouds.
It seems, from reading between the lines on what both parties have said is that the terms of Nikesh’s employment had changed.
Tue, Jun 21, 2016
In June last year, SoftBank along with contract manufacturing giant Foxconn, had partnered with Bharti Enterprises.
He received a pay package of about USD 73 million (Rs 500 crore) in the fiscal year ended March 2016.
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