Masayoshi Son

SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'

Finance

18 May, 2020

SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'

Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate...

TMT

30 April, 2020

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

India’s Oyo Hotels and Homes, backed by SoftBank Group, plans to offload more properties around the world, three sources...

TMT

30 April, 2020

SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March ......

Finance

23 April, 2020

For SoftBank's Masayoshi Son, coronavirus turns vision to illusion

SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding...

Finance

14 April, 2020

Fading Vision Fund to tip SoftBank into first loss in 15 years

SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen due to the worsening performance ......

Infrastructure

08 April, 2020

WeWork sues SoftBank for dropping $3 bn tender offer

A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday...

Finance

23 March, 2020

SoftBank to sell up to $41 bn assets to fund share buyback, cut debt

SoftBank Group Corp said on Monday it would sell up to 4.5 trillion yen ($41 billion) in assets to fund ......

TMT

18 March, 2020

SoftBank Group's shares slump on scepticism over startup bets

SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalisation dipping below the value of ......

Finance

03 March, 2020

SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour

SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial...

Finance

19 February, 2020

SoftBank spends $2.5 bn to get second Vision Fund off the ground

SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the ......

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