SoftBank Vision Fund
TMT
Why India's B2B unicorns are more capital-efficient than B2C startups
Indian or Indian-origin technology unicorns that focus on the business-to-business segment are more capital-efficient than their...
General
Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm
The local unit of South African financial services group Investec is leading the race to buy a stake in State ......
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
TMT
Tencent buys Tiger Global stake to bet on PolicyBazaar
Chinese conglomerate Tencent Holdings Ltd has picked up a stake in Indian insurance aggregator PolicyBazaar, as it continues to...
People
Uber co-founder Travis Kalanick sells nearly $550 mn of shares
Uber Technologies Inc co-founder and former chief executive Travis Kalanick has sold nearly 21% of his stake in the ride-hailing...
Finance
SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble
SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts’ estimates, hit by the ......
TMT
CCI to probe SoftBank-backed Oyo, MakeMyTrip
An Indian regulator has ordered an investigation into allegations that hotel-booking service MakeMyTrip Ltd gives special treatment...
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......
TMT
Softbank-backed C2FO acquires payment platform Priority Vendor
US-based fintech firm C2FO, which operates a marketplace that provides working capital to companies and counts India as its fastest-growing...
Finance
SoftBank CEO Masayoshi Son says "embarrassed" by track record
SoftBank Group CEO Masayoshi Son said he is "embarrassed and flustered" by his track record, in comments to Nikkei Business...
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