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WeWork woes hit Softbank's plans for second Vision Fund

Finance

04 October, 2019

WeWork woes hit Softbank's plans for second Vision Fund

Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......

SoftBank set to raise stake in logistics unicorn Delhivery

TMT

01 October, 2019

SoftBank set to raise stake in logistics unicorn Delhivery

SoftBank Vision Fund is picking up an additional 3.28% stake in logistics company Delhivery Pvt. Ltd through a secondary transaction, ......

SoftBank-backed WeWork to formally withdraw ill-fated IPO

Infrastructure

01 October, 2019

SoftBank-backed WeWork to formally withdraw ill-fated IPO

WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after ......

SoftBank may pump $1 bn more into troubled office-sharing startup WeWork

Infrastructure

26 September, 2019

SoftBank may pump $1 bn more into troubled office-sharing startup WeWork

SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......

WeWork's Adam Neumann to quit as CEO after SoftBank push

People

25 September, 2019

WeWork's Adam Neumann to quit as CEO after SoftBank push

WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank ......

SoftBank turns against WeWork CEO Adam Neumann

People

23 September, 2019

SoftBank turns against WeWork CEO Adam Neumann

Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann ......

SoftBank-backed WeWork postpones IPO as investors turn cold

TMT

17 September, 2019

SoftBank-backed WeWork postpones IPO as investors turn cold

WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) by the end ......

SoftBank-backed WeWork considers IPO valuation of as low as $10 bn

Markets

14 September, 2019

SoftBank-backed WeWork considers IPO valuation of as low as $10 bn

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and ......

Vertex Ventures raises $290 mn fund for India, Southeast Asia bets

Finance

12 September, 2019

Vertex Ventures raises $290 mn fund for India, Southeast Asia bets

Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a new $290 million ......

SoftBank urges WeWork to shelve IPO over valuation concerns

TMT

10 September, 2019

SoftBank urges WeWork to shelve IPO over valuation concerns

SoftBank Group, a top shareholder in the holding company of U.S. office-sharing startup WeWork, is urging it to shelve a ......