Softbank


SoftBank, Naver Opt For Squeeze-out Route To Take Line Corp Private

Business - Published date: .

SoftBank Corp. and Naver Corp. said they would seek to compel Line Corp.’s remaining public shareholders to sell out... Read more

SoftBank Paused Share Repurchases In August, Ahead Of Major Asset Sales

Business - Published date: .

SoftBank Group Corp paused share repurchases on Aug. 4-31 ahead of major asset sales announcements, a stock exch... Read more

SoftBank-backed Opendoor To Merge With Blank Cheque Firm Social Capital II, And Go Public

Business - Published date: .

SoftBank-backed home-selling platform Opendoor is going public through a merger with a blank-cheque company led by ve... Read more

SoftBank Option Purchases Raise Eyebrows As Wall Street Backtracks

Business - Published date: .

SoftBank Group Corp made significant option purchases during the run-up in the U.S. stock market in recent weeks as a ... Read more

SoftBank May Raise $14b From Stake Sale In Wireless Carrier

Business - Published date: .

SoftBank Group Corp said on Friday it planned to slash its exposure to wireless carrier SoftBank Corp in a share sale w... Read more

India: SoftBank-backed Online Grocer Grofers To Launch IPO Next Year

Business - Published date: .

SoftBank-backed e-grocery startup Grofers is looking to make a debut on the stock market by the end of next year, advan... Read more

SoftBank Quietly Offloads Another $2.2b Alibaba Stake

Business - Published date: .

SoftBank Group Corp. quietly sold an additional $2.2 billion of its stake in Alibaba Group Holding Ltd. as part of the ... Read more

SoftBank-backed Insurance Startup Lemonade Raises IPO Price Range

Business - Published date: .

SoftBank Group Corp-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial ... Read more

SoftBank Plunges 17% In Steepest Drop Since IPO In 1994

Business - Published date: .

SoftBank Group Corp. plunged 17% Thursday on top of steep declines earlier this month, as investors grow concerned abou... Read more

Chinese Property Platform Beike Nets $2.41b In Series D+ Round Ahead Of HK IPO

Business - Published date: .

Beike Zhaofang, a Chinese real-estate brokerage platform also known as Ke.com, has garnered $2.414 billion in a Series ... Read more

SoftBank-backed OneConnect Downsizes IPO By 28%, Lowers Target Valuation

Business - Published date: .

Ping An Insurance’s OneConnect Financial Technology on Wednesday downsized its planned U.S. initial public offering b... Read more

SoftBank Vision Fund Planning Writedown Of At Least $5b

Business - Published date: .

SoftBank is planning to take a writedown of at least $5 billion to reflect a plunge in the value of some of its biggest... Read more

Oyo Is Successful Because Of Its Business Model, Says CEO Ritesh Agarwal

Business - Published date: .

Ritesh Agarwal, founder and chief executive of Oyo Rooms, one of the country’s most popular unicorns—or rather dec... Read more

WeWork Formally Withdraws IPO After Botched Fundraising Effort

Business - Published date: .

WeWork formally withdrew the prospectus for its initial public offering, capping a botched fundraising effort that cost... Read more

SoftBank Vision Fund Sells 4.9m Shares Of High-flying Portfolio Firm Guardant Health

Business - Published date: .

SoftBank Vision Fund shed 4.9 million shares of high-flying Guardant Health Inc. as the fund’s other investments face... Read more

WeWork May Look At Drastic Valuation Cut In Upcoming IPO

Business - Published date: .

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12... Read more

WeWork Mulls Changes To Governance Standards To Allay Investor Concerns Ahead Of IPO

Business - Published date: .

WeWork is considering major changes to governance to assuage investor concerns ahead of an initial public offering this... Read more

Key Backer SoftBank Pushes WeWork To Postpone Its IPO Amid Serious Concerns

Business - Published date: .

Executives of WeWork and its largest investor, SoftBank, are discussing whether to shelve plans for an initial public o... Read more

SoftBank Has A Lot Riding On Performance Of WeWork IPO

Business - Published date: .

SoftBank Group Corp. and its affiliates own about 29% of WeWork ahead of its initial public offering, an executive for ... Read more

SoftBank Said To Be Mulling IPO Of $100b Vision Fund

Business - Published date: .

Japan’s SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, the Wall Stree... Read more