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SoftBank Corp
Property
WeWork tumbles after raising 'substantial doubt' about future
Just a few years ago, WeWork was one of America’s most valuable startups.
August 09, 2023
China Focus
SoftBank plans to sell majority of its stake in Alibaba, FT says
The sales will reduce the Japanese conglomerate’s ownership of Alibaba to less than 4%, the paper said.
April 13, 2023
Company in the news
Masayoshi Son now owes SoftBank US$4.7 bil on side deals
Masayoshi Son is now personally on the hook for about US$4.7 billion on side deals he set up at SoftBank Group Corp.
November 18, 2022
Tech
GoTo in talks with Alibaba, SoftBank for US$1 bil stake sale
The plan is part of an effort to prevent a potential drop in GoTo stock price that could occur.
October 20, 2022
Semiconductor
Nvidia to withdraw from acquisition of Softbank's Arm
SoftBank now plans to proceed with an initial public offering of Arm, in lieu of the deal.
February 08, 2022
Startups, Entrepreneurs, Digital economy
Singapore's Trax secures US$640 mil in funding round led by SoftBank, BlackRock
The round valued Trax at more than US$3 bil, according to sources.
April 08, 2021
Tech
Greensill blowup shows the limits of technology
Greensill Capital, one of the Vision Fund’s investee companies, filed for bankruptcy this week
March 12, 2021
Startups, Entrepreneurs, Digital economy
Softbank leads US$360 mil funding round in startup behind Chinese popular workout app Keep
Keep is now valued at about US$2 billion after the investment and is weighing an initial public offering as soon as this year.
January 11, 2021
Company in the news
SoftBank, Naver to take Line private through squeeze out
Founder Masayoshi Son wants to combine his Yahoo Japan internet business with Line to create a national champion.
September 16, 2020
Markets
Stocks stabilise following tech retreat as greenback strengthens
Speculators slash bullish NASDAQ 100 best to lowest since May.
September 07, 2020