Page 11 - Softbank

SoftBank taps Sumer Juneja to oversee European investments: Report

Juneja's enhanced role comes amid the impending departures of managing partners Yanni Pipilis and Munish Varma, who are joining a new investment firm led by Misra

Masayoshi Son now down $4 bn on SoftBank side deals due to market downturn

Masayoshi Son holds 17.25% of a vehicle set up under SoftBank's Vision Fund 2 for its unlisted holdings, as well as 17.25% of a unit within its Latin America fund

Meesho adds 8 new vernacular languages to tap 377 mn potential user base

Softbank-backed e-commerce firm Meesho has added eight new vernacular languages to its platform with an eye on 377 million potential users across different regions, the company said on Friday.

Top headlines: SoftBank warns of funding cuts, Vedanta eyes $100 bn revenue

Business Standard brings you the top headlines at this hour

Prep for funding winter: SoftBank warns its portfolio firms of cost cutting

Japanese tech investor asks portfolio firms to conserve cash reserves for 12-24 months

SoftBank to book $34-bn gain on Alibaba shares; reduce stake to 14.6%

The transaction 'will be able to eliminate concerns about future cash outflows, and furthermore, reduce costs associated with these prepaid forward contracts', SoftBank said

SoftBank-backed Meesho adds 8 Indian languages to tap more users

Social commerce platform seeks to widen reach during festival season in the country

Europe shares mixed after Asian markets decline on tech downturn

Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher interest rates tend to work as a minus for share prices.

SoftBank Group's Masayoshi Son plans job cuts after record $23-bn loss

Reports $17.3-bn fall in Vision Fund's value, $6.1-bn forex loss

SoftBank plans Vision Fund job cuts after record $23.1-bn net loss in Q2

SoftBank was in a bubble on valuations, no sacred areas for cost cuts, says CEO

Japan tech giant SoftBank posts $ 23 bn quarterly loss as investments sank

Japanese technology company SoftBank Group posted a $ 23.4 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rates.

SoftBank, JP Morgan connect 10 unicorns mulling IPO in 3 years with MFs

SoftBank, through SoftBank Vision Fund, has invested USD 15 billion in India of which around USD 11 billion has been invested in the last five years

SoftBank raises $22 billion by selling Alibaba derivatives: Report

SoftBank Group shares rose 2.6% in Tokyo trading, while the benchmark Topix was flat

How a celebrity CEO's rule of fear helped bring down hot startup Zilingo

The story of how globetrotting tech star Ankiti Bose built and lost one of Asia's most vaunted startups

Tiger Global and SoftBank trim investments in India by over a third in 2022

Start-ups feeling the heat, but funds like PremjiInvest increasing exposure

Delhi HC restrains unauthorised use of Meesho trademarks by rogue websites

DoT and MeitY to issue blocking order for domain names identified by Meesho in suit

SoftBank's deal flow halved in Apr-June after portfolio takes heavy losses

Low tech valuations are draining SoftBank's ability to turn public listings of its portfolio companies into liquidity to fuel its outsized bets

Ola Electric lays out vision; plans to launch motorcycles, SUVs, robotaxis

The SoftBank-backed company expects to turn cash-flow positive in three quarters and highlighted that it has more than 60,000 scooters on the road, according to a Kotak Institutional equities report

Unacademy's lessons on frugality: Pay cut for founders, no biz class travel

Founders have already taken salary cuts and this would be applied to the management as well

Germany's Wirecard faked client data to gain £900 mn from SoftBank: Report

Collapsed fintech firm has admitted that half of its revenues and cash worth 1.9 billion euros is missing from accounts