 "Softbank")
SoftBank Group Corp has built a stake worth around $1.2 billion in e-commerce firm Amazon, regulatory filings showed on Monday, as the tech conglomerate expands its investing activities beyond its recent focus on unlisted startups.
Chief Executive Masayoshi Son last week announced a new investment management subsidiary that would park excess cash from a massive asset sale programme in liquid stocks. SoftBank has spent around $10 billion buying shares.
In addition to Amazon, the group has built stakes in Netflix Inc, Tesla Inc, Microsoft Corp and Alphabet Inc, filings showed.
SoftBank also disclosed a stake in chip supplier Nvidia Corp worth
