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SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

Consumer

23 August, 2019

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a ......

SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half

Infrastructure

14 August, 2019

SoftBank-backed WeWork files for IPO, reports $700 mn loss in 2019 first half

WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements ......

SoftBank, VC firms fuel Latin American startups' expansion beyond borders

Finance

09 August, 2019

SoftBank, VC firms fuel Latin American startups' expansion beyond borders

Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models ......

SoftBank to pump second Vision Fund with proceeds from the first

Finance

30 July, 2019

SoftBank to pump second Vision Fund with proceeds from the first

SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed ......

Podcast: SoftBank rolls out new Vision Fund; WestBridge, Baring, TPG in deal news

Investor Bulletin

26 July, 2019

Podcast: SoftBank rolls out new Vision Fund; WestBridge, Baring, TPG in deal news

SoftBank Group Corp launched its second Vision Fund on Friday, in perhaps the biggest investment-related news of this week. The ......

Airtel Africa profit more than doubles in first report since IPO

TMT

26 July, 2019

Airtel Africa profit more than doubles in first report since IPO

Airtel Africa Plc reported a quarterly pretax profit on Friday that more than doubled, as the telecoms company signed up ......

SoftBank unveils new $108 bn Vision Fund with Apple, Microsoft as LPs

Finance

26 July, 2019

SoftBank unveils new $108 bn Vision Fund with Apple, Microsoft as LPs

SoftBank Group Corp said on Friday it has secured commitments to raise $108 billion from a wide range of investors ......

SoftBank to commit $40 bn to second Vision Fund

Finance

25 July, 2019

SoftBank to commit $40 bn to second Vision Fund

Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported ......

SoftBank's VC arm raises $270 mn for early-stage investments

Finance

22 July, 2019

SoftBank's VC arm raises $270 mn for early-stage investments

SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion ......

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

Finance

18 July, 2019

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities ......