Softbank
Consumer
Meesho founder talks about profitability, IPO plans in townhall
SoftBank-backed Meesho is aiming to turn Ebitda (earnings before interest, taxes, depreciation, and amortization) ......
TMT
With Alibaba stake cut, SoftBank's Son cools toward China tech
SoftBank Group Corp's decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed ......
Finance
Credit Suisse steps up $440 million legal dispute with SoftBank-FT
Swiss lender Credit Suisse Group AG sought permission from an English court last week to initiate formal legal ......
TMT
SoftBank marks down investment in Paytm
SoftBank Group Corp. on Monday said it has marked down its investment in Paytm by $400 million for the quarter ......
Finance
SoftBank planning pink slips at Vision Fund after record quarterly loss
SoftBank Group Corp on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the ......
TMT
SoftBank-backed Ola to hand more pink slips citing restructuring
Cab aggregator Ola is in the process of cutting more jobs even as it has scaled its hiring spree across ......
TMT
SoftBank backed unicorn CommerceIQ acquires UK-based analytics provider
CommerceIQ, a retail e-commerce management platform, on Monday said it has acquired the UK-based digital shelf analytics provider e.fundamentals for...
People
Rajeev Misra to cede top management role at SoftBank to launch external fund
SoftBank's Rajeev Misra will cede his frontline role in managing the Japanese conglomerate's second Vision Fund and launch...
TMT
SoftBank's overseas business head steps down in 6 months after being hired
Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International...
TMT
Softbank-backed Unacademy sacks 150 staff in second layoff drive
Edtech unicorn Unacademy has asked 150 employees to leave after a performance improvement plan. This comes after Unacademy,...
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