SoftBank Group Corp
Infrastructure
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 ......
Infrastructure
SoftBank scraps $3 bn deal for additional WeWork shares
Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with ......
TMT
SoftBank-backed Oyo sees signs of recovery in China after coronavirus outbreak
Oyo Hotels and Homes has started to see a recovery in bookings in China, its second-largest market, as the coronavirus ......
Finance
SoftBank to sell up to $41 bn assets to fund share buyback, cut debt
SoftBank Group Corp said on Monday it is selling or monetising up to 4.5 trillion yen ($41 billion) in assets ......
General
Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund
Online grocery major BigBasket is in talks to acquire micro-delivery startup Milkbasket and hyperlocal delivery startup DailyNinja, a media report ......
TMT
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
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 investment ......
People
WeWork names former EY exec Shyam Gidumal new COO
Office-sharing startup WeWork on Thursday named a former Ernst & Young executive, Shyam Gidumal, as its new chief operating officer, ......
Finance
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 ......
Finance
SoftBank scales back second Vision Fund as first fund's loss wipes out group profit
Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second ......