SoftBank Group


Son Owes SoftBank $5.2 Bn On Side Deals Post Losses At Vision Fund Unit

Banking - Published date: .

His unrealized losses widened by about $130 million from three months before, with most of the deficit linked to the Lat... Read more

Oyos Confidential IPO Filing Targets Up To $600 Million

World - Published date: .

Oyo aims to sell new shares to raise $400 million-$600 million ( ₹3,285 crore- ₹4,927 crore) to repay debt and hopes... Read more

Investment Giant Softbank Offloads 3.8% Stake In Delhivery For Rs 954 Cr

Banking - Published date: .

According to data available at the Bombay Stock Exchange (BSE), SoftBank sold shares worth Rs 954 crore in Delhivery in ... Read more

Ola To Invest Rs 7,614 Cr In TN To Make Electric Cars, Lithium-ion Cells

Banking - Published date: .

On Saturday, Ola Electric Mobility signed the deal through its subsidiary companies Ola Cell Technologies (OCT) and Ola ... Read more

Japan's SoftBank Group Logs $5.9 Bn Loss As Tech Investments Tumble

Banking - Published date: .

Japanese investor SoftBank Group reported Tuesday that it sank into a deep loss for the October-December quarter, slamme... Read more

India's Fintech Industry To Face A Tough 2023 As Investments Cool: Bain

Banking - Published date: .

This year, the Indian regulator, spurred by fraud and malpractice instances in the fintech lending space, stepped up its... Read more

SoftBank Cuts Valuation Of IPO-bound Oyo To $2.7 Billion

World - Published date: .

SoftBank Group has slashed the valuation of Oyo Hotels on its books by more than 20% as once high-flying Indian startup ... Read more

SoftBank, Others In Talks To Lead $75-million Funding In GoMechanic

Banking - Published date: .

"The conversations between the investors and GoMechanic are still going on and one of the investors has also shared the ... Read more

Ola In Talks With Multiple Global Suppliers For $1-bn Cell Manufacturing

Banking - Published date: .

Ola Electric needs 40 Gwh of battery capacity to power 10 million electric scooters annually Read more

CARS24 Raises $450 Mn, Nearly Doubles Its Valuation To $1.84 Bn

Banking - Published date: .

CARS24 has closed a $450 million round of funding, including a $340 million Series F equity round alongside $110 million... Read more

WeWork To Go Public In $9B Merger With Vivek Ranadive-led BowX

Banking - Published date: .

WeWork has now entered into an agreement with BowX Acquisition Corp., providing for a business combination that will res... Read more

With SoftBank Rally, Founder Masayoshi Son Adds $12 Bn To Fortune

Banking - Published date: .

With SoftBank Group's shares surging to their highest price in two decades on Thursday, Son's net worth hit $20 billion Read more

SoftBank Stock Bounces To 2020 Peak As Buyers Look Beyond WeWork

Banking - Published date: .

The stock rose 2.6 per cent on Friday to 5,778 yen ($54), the highest since July 2019 Read more