After recording a loss of $34 billion in market value over the last year, SoftBank Group has taken a defensive stand and will fund fewer and smaller deals. Masayoshi Son, SoftBank Group founder, said the company would continue to target mid-to-long-...
Today, the Japanese multinational technology, energy, and financial services, SoftBank, has officially released the consolidated financial results for the last quarter of the 2021 fiscal year, which ended on March 31, 2022.
The result released by...
Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen (USD 9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments including troubled office space-sharing venture WeWork.
So...
The Japanese conglomerate SoftBank will invest $2 billion in ride-hailing giant Grab to create a next-generation transportation network to transform healthcare services.
SoftBank will invest the US$2 billion into the country through Grab, to driv...
According to foreign media reports, Ola's new company, Ola Electric, has recently received $250 million in financing from Softbank. It is reported that the company is working hard to expand its electric vehicle business in India and to take the lead...
