Softbank Corp
Zomato shares rise on block deal, SoftBank potentially selling
08 Dec 2023
Zomato Ltd. witnessed a surge in its shares during the early trading session, fueled by reports of a substantial bulk deal.
WeWork, formerly the most valuable US startup, declares bankruptcy under SoftBank ownership
07 Nov 2023
WeWork, the once high-flying office space provider backed by SoftBank Group, filed for bankruptcy protection on Monday, 6 November 2023.
SoftBank sees 50-fold rise in net profit at $2.8 bn on back of Flipkart deal
07 Aug 2018
SoftBank showed a gain of around $1.48 billion on its balance sheet due to an increase in the fair value of its stake in Flipkart, translating to a 60-per cent return on its investment ahead of its sale to Walmart
SoftBank to invest up to $100 bn in India’s solar power sector
15 Jun 2018
SoftBank had in 2015 announced a $20-billion joint venture with Bharti Enterprises and Taiwan’s Foxcon for solar projects in India and in April this year teamed up with China's GCL System Integration Technology Co Ltd for a $930 million Indian solar energy venture
SoftBank still undecided on sale of Flipkart stake to Walmart
11 May 2018
Despite earlier statements treating the Flipkart-Walmart deal as final, SoftBank’s Masayoshi Son is now reported to be having second thoughts on selling his company's stake in the ecommerce firm
SoftBank to ‘overachieve’ on its $10 bn Indian investment target: Son
30 Apr 2018
Chief executive Masayoshi Son plans to go with a local team for SoftBank’s $100-billion Vision Fund, and despite some bets like Snapdeal and Housing.com not paying, sees big opportunities in Indian portfolio firms such as Oyo Rooms