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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 ......

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 ......

Most SoftBank Vision Fund investors want to join second fund, says CEO Son

Finance

19 June, 2019

Most SoftBank Vision Fund investors want to join second fund, says CEO Son

Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and ......

Uber posts $1 bn loss in first quarterly report after going public

TMT

31 May, 2019

Uber posts $1 bn loss in first quarterly report after going public

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its ......

Billionaire BR Shetty's payments firm Finablr cuts IPO price in volatile markets

Finance

14 May, 2019

Billionaire BR Shetty's payments firm Finablr cuts IPO price in volatile markets

United Arab Emirates-based Finablr had to cut the price on its initial public offering as the payments and foreign exchange ......

Uber valuation drops to $61 bn as shares slump after ill-fated IPO

TMT

13 May, 2019

Uber valuation drops to $61 bn as shares slump after ill-fated IPO

Uber Technologies Inc's shares fell 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received market ......

Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh

TMT

10 May, 2019

Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh

Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a ......

SoftBank profit jumps on Uber, OYO valuation gains; plans second Vision Fund

TMT

09 May, 2019

SoftBank profit jumps on Uber, OYO valuation gains; plans second Vision Fund

Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its ......

SoftBank-backed coworking space provider WeWork joins IPO rush

TMT

30 April, 2019

SoftBank-backed coworking space provider WeWork joins IPO rush

WeWork owner The We Company said on Monday it had filed for an initial public offering (IPO) with U.S. regulators, ......

Uber sets price range for IPO, targets $91.5 bn valuation

TMT

26 April, 2019

Uber sets price range for IPO, targets $91.5 bn valuation

Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, ......