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Softbank Group Corp

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down

The Japanese company made the announcement in a statement Thursday, citing more than 1 trillion yen of non-operating losses from investments held outside of its $100 billion Vision Fund.

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down
Updated On : 01 May 2020 | 12:51 AM IST

SoftBank to sell up to $41 billion in assets to buy shares, reduce debt

The buyback tops the $20 billion in purchases sought by activist hedge fund Elliott Management

SoftBank to sell up to $41 billion in assets to buy shares, reduce debt
Updated On : 23 Mar 2020 | 2:11 PM IST

SoftBank unveils $4.8 bn buyback after stock tumble, Elliott backs move

SoftBank shares fell as much 9.6% to a 14-month low on Friday amid a crash in global stock markets, but pared losses to close down 5% in Tokyo.

SoftBank unveils $4.8 bn buyback after stock tumble, Elliott backs move
Updated On : 14 Mar 2020 | 3:01 AM IST

Softbank's Son reiterates his belief in gut-led investing in chat with Ma

SoftBank owns 26% of China's Alibaba, with its origin in a $20 million investment in 2000, and the stake is now worth more than the Japanese firm's market capitalization

Softbank's Son reiterates his belief in gut-led investing in chat with Ma
Updated On : 06 Dec 2019 | 4:39 PM IST

SoftBank, Yahoo Japan, Aeon to launch online retail to compete with Amazon

The tie-up would allow the companies to share SoftBank and Yahoo Japan's customer base and data analysis abilities with Aeon's wide product range and distribution network

SoftBank, Yahoo Japan, Aeon to launch online retail to compete with Amazon
Updated On : 09 Feb 2018 | 11:08 AM IST