SoftBank Group Corp
SoftBank Touts Vision Fund Gains, Refuses To Disclose Operating Profit
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SoftBank Group Corp broke with tradition on Tuesday and declined to disclose operating profit in its quarterly results... Read more
SoftBank Seen Returning To Profitability Despite Significant Losses
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SoftBank Group Corp is seen booking a 75% first-quarter profit plunge on Tuesday, albeit making a return to profitabil... Read more
SoftBanks Shares Return To Dot-com Bubble Era Highs
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Shares of SoftBank Group Corp climbed 4.6% on Tuesday to reach highs last seen during the dot-com bubble, as massive bu... Read more
SoftBank-backed Insurance Startup Lemonade Raises $319m In US IPO
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Insurance startup Lemonade Inc, which is backed by SoftBank Group Corp said it raised $319 million in its U.S. initial ... Read more
SoftBank-backed Lemonade Takes 30% Valuation Cut, Seeks To Raise $286m Via IPO
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SoftBank Group Corp-backed insurance startup Lemonade Inc aims to raise up to $286 million in its U.S. initial public o... Read more
SoftBanks Equity Value Back To Pre-COVID Levels, Says CEO Son
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SoftBank Group Corp Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the ... Read more
SoftBank-backed Insurance Startup Lemonade Files For US IPO
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Tech-driven insurance startup Lemonade Inc filed for its U.S. initial public offering (IPO) on Monday, looking to take ... Read more
SoftBank Posts Record $13b Operating Loss As Tech Bets Stumble
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SoftBank Group Corp on Monday reported a record 1.4 trillion yen ($13 billion) operating loss in the April-March financ... Read more
SoftBank Sees $8.4b Net Loss On WeWork Writedown
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SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portio... Read more
SoftBank Groups Stock Plunge Attracts Another Activist Investor
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Another activist investor has bought a stake in SoftBank Group Corp., betting the recent stock plunge makes it a bargai... Read more
Asian Firms Splurge On Buybacks As Western Firms Avoid Them
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Asian tycoons are gung-ho on share buybacks at a time when industry leaders in the U.S. and Europe are holding back bec... Read more
SoftBank Groups Share Rally Ends After Moodys Downgrade
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SoftBank Group Corp’s shares fell 8% in early trade on Thursday, ending a 55% rally in the stock, after Moody’s do... Read more
SoftBank Surges After Unveiling $41b Plan To Reduce Debt
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SoftBank Group Corp. unveiled a plan to raise as much as 4.5 trillion yen ($41 billion) to replenish its coffers and sl... Read more
SoftBanks Huge Debt Pile Turns Investors Skittish About Stability Of Sons Empire
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Investors are growing increasingly skittish about the stability of Masayoshi Son’s empire. Son’s SoftBank Group Cor... Read more
Bankers Adopting More Cautious Approach On Lending To SoftBank
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Masayoshi Son’s Japanese bankers are taking a hard look at their most important client. After the costly rescue of of... Read more
SoftBank Posts $6.5b Operating Loss After WeWork, Uber Writedowns
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SoftBank Group Corp. reported its first quarterly operating loss in 14 years after writing down the value of some of it... Read more
WeWork To Prioritise Profit Over Growth, Staff Downsizing On Cards
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WeWork will spend the next month putting together a plan that will prioritize profit over growth, executives said in a ... Read more
SoftBanks WeWork Financing Would Lead To Co-founder Adam Neumanns Exit
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SoftBank Group Corp offered close to $10 billion to WeWork owner The We Company, its employees and its investors on Mon... Read more
SoftBank-owned Chip Designer Arm Holdings Sticks To 2023 Relisting Plan
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Arm Holdings, the semiconductor technology firm owned by Softbank Group Corp, still plans to return to the public marke... Read more
Mimicking Tech Investors Like SoftBank, Toyota Motor Sees Value Go Up By $19b
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Everywhere you turn in the transportation industry these days, Toyota Motor Corp. seems to already be there. From batte... Read more