SoftBank Corp


WeWork tumbles after raising 'substantial doubt' about future

Just a few years ago, WeWork was one of America’s most valuable startups.

China Focus

SoftBank plans to sell majority of its stake in Alibaba, FT says

The sales will reduce the Japanese conglomerate’s ownership of Alibaba to less than 4%, the paper said.

Company in the news

Masayoshi Son now owes SoftBank US$4.7 bil on side deals

Masayoshi Son is now personally on the hook for about US$4.7 billion on side deals he set up at SoftBank Group Corp.


GoTo in talks with Alibaba, SoftBank for US$1 bil stake sale

The plan is part of an effort to prevent a potential drop in GoTo stock price that could occur.


Nvidia to withdraw from acquisition of Softbank's Arm

SoftBank now plans to proceed with an initial public offering of Arm, in lieu of the deal.

Startups, Entrepreneurs, Digital economy

Singapore's Trax secures US$640 mil in funding round led by SoftBank, BlackRock

The round valued Trax at more than US$3 bil, according to sources.
Greensill blowup shows the limits of technology - THE EDGE SINGAPORE


Greensill blowup shows the limits of technology

Greensill Capital, one of the Vision Fund’s investee companies, filed for bankruptcy this week

Startups, Entrepreneurs, Digital economy

Softbank leads US$360 mil funding round in startup behind Chinese popular workout app Keep

Keep is now valued at about US$2 billion after the investment and is weighing an initial public offering as soon as this year.

Company in the news

SoftBank, Naver to take Line private through squeeze out

Founder Masayoshi Son wants to combine his Yahoo Japan internet business with Line to create a national champion.


Stocks stabilise following tech retreat as greenback strengthens

Speculators slash bullish NASDAQ 100 best to lowest since May.