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SoftBank's Son sticks with gut-led investing in chat with Alibaba's Jack Ma

SoftBank's Son sticks with gut-led investing in chat with Alibaba's Jack Ma

Fri, Dec 06, 2019

Son`s comments come weeks after he was forced to bail out office-sharing startup WeWork when Neumann`s level of control over his firm and hard-partying ways chilled investor appetite and crashed plans for an initial public offering (IPO).

Japanese fashion tycoon Maezawa shows off $900 million SoftBank payday

Japanese fashion tycoon Maezawa shows off $900 million SoftBank payday

Mon, Dec 02, 2019

Japan`s Yusaku Maezawa on Friday posted footage of a $900 million payday for the fashion magnate following his sale of a stake in Zozo Inc, the online fashion retailer he founded, to SoftBank Group Corp.

SoftBank to create $30 billion tech giant with Yahoo Japan, Line Corp merger

SoftBank to create $30 billion tech giant with Yahoo Japan, Line Corp merger

Mon, Nov 18, 2019

SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant.

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Sprint seeks alternatives to a merger with T-Mobile -sources

Sprint seeks alternatives to a merger with T-Mobile -sources

Sat, Jul 29, 2017

Japan`s SoftBank Group Corp, which controls Sprint, proposed a complex transaction that would create a new company and be controlled by SoftBank, the sources said, asking not to be named because the talks are private. The Wall Street Journal first reported the discussions on Friday.

CCI approves SoftBank's 20% stake acquisition in Paytm's parent One97 Communications

CCI approves SoftBank's 20% stake acquisition in Paytm's parent One97 Communications

Tue, Jul 18, 2017

CCI has approved stake acquisition by SoftBank in Paytm's parent company - One97 Communications.

Flipkart Board may have approved revised offer from Snapdeal, report says

Flipkart Board may have approved revised offer from Snapdeal, report says

Mon, Jul 17, 2017

Earlier, Flipkart had offered $850 million for buying Snapdeal, but got rejected as the latter found the amount undervalued the company given that the due diligence report was clean.

Flipkart to make revised offer for Snapdeal this week

Flipkart to make revised offer for Snapdeal this week

Mon, Jul 10, 2017

The new offer is likely to be closer to $1 billion mark, which was the initial asking price for acquisition of beleaguered e-commerce marketplace, sources privy to the development said.

Snapdeal board rejects Flipkart's $850 million offer

Snapdeal board rejects Flipkart's $850 million offer

Tue, Jul 04, 2017

The deal between Snapdeal and Flipkart, if completed, would mark the biggest acquisition in the Indian e-commerce space.

Coal India betting big on renewables, says minister

Coal India betting big on renewables, says minister

Thu, Jun 29, 2017

State companies such as Coal India and NTPC Ltd, the country`s biggest thermal power producer, are planning to aggressively spend on solar projects under Prime Minister Narendra Modi`s personal push for renewable energy.

Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns

Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns

Mon, Jun 26, 2017

The sale of Snapdeal to Flipkart is witnessing delays on account of complex due diligence process and small investors asking greater clarity on its terms of sale. However, the sale is expected to be concluded by July this year.

Digital Payments: Paytm's biggest contender will be WhatsApp or Amazon?

Digital Payments: Paytm's biggest contender will be WhatsApp or Amazon?

Tue, Jun 13, 2017

WhatsApp with its integration with UPI and Amazon Pay could become the biggest contendors for Paytm in the digital payment space in India.

SoftBank firm acquires two of Alphabet Inc's robotics businesses

SoftBank firm acquires two of Alphabet Inc's robotics businesses

Fri, Jun 09, 2017

SoftBank shares rose by 7.9% on the announcement of this landmark deal that give thrust to its artificial intelligence portfolio.

SoftBank to let OneWeb-Intelsat merger collapse, sources claim

SoftBank to let OneWeb-Intelsat merger collapse, sources claim

Thu, Jun 01, 2017

The collapse of the merger represents a rare blow to SoftBank Chief Executive Officer Masayoshi Son, a prolific dealmaker who put together a complex transaction for debt-laden Intelsat that hinged on creditors accepting a discount for their bonds.

Softbank nominates India-born Rajeev Misra into board

Softbank nominates India-born Rajeev Misra into board

Sat, May 27, 2017

Softbank on Friday has announced nomination of India-born Rajeev Misra on its board of directors who is currently serving as chief executive officer of SoftBank Investment Advisers.

Softbank aims to close $100 billion fund for tech sector in 6 months

Softbank aims to close $100 billion fund for tech sector in 6 months

Sun, May 21, 2017

Japan's Softbank will invest $93 billion in Softbank Vision Fund that will be invested in the technology sector and it expects the total commitment in the company to reach $100 billion in six months.

Paytm receives $1.4 billion investment from SoftBank in latest funding round

Paytm receives $1.4 billion investment from SoftBank in latest funding round

Thu, May 18, 2017

Paytm plans to use the investment to grow its payments ecosystem in India and expand its user base.

Snapdeal-Flipkart deal may leave staff richer by Rs 193 crore

Snapdeal-Flipkart deal may leave staff richer by Rs 193 crore

Sun, May 14, 2017

If the deal of the Snapdeal's sale to Flipkart goes through it may offer Rs 193 crore bonanza to its staff wherein the founders will give half of their payout ($30 million) for the proposed scheme which would cover all current employees of Snapdeal.

Snapdeal Sale: E-Commerce company being sold at a 50% discount?

Snapdeal Sale: E-Commerce company being sold at a 50% discount?

Fri, May 12, 2017

Flipkart has made an informal offer to buy rival Snapdeal for $1 billion in an all-stock deal.

Snapdeal founders agree to $15 million each deal with SoftBank for sale to Flipkart

Snapdeal founders agree to $15 million each deal with SoftBank for sale to Flipkart

Thu, May 11, 2017

Snapdeal and one of its early investors, Nexus, have reached an agreement with SoftBank Group.

How Snapdeal's downfall is Paytm's gain with FreeCharge

How Snapdeal's downfall is Paytm's gain with FreeCharge

Thu, May 11, 2017

While there had been speculation earlier that Paytm was looking to buy Freecharge, this latest development puts all rumours to rest.

SoftBank writes off Rs 6,400 crore from its Snapdeal investment

SoftBank writes off Rs 6,400 crore from its Snapdeal investment

Wed, May 10, 2017

SoftBank said that it has written off over $1 billion (Rs 6400 crore) on valuation of its investment in Snapdeal.

Japan's SoftBank plans to increase stakes in India's e-commerce biz; looks to play consolidator in online shake-up

Japan's SoftBank plans to increase stakes in India's e-commerce biz; looks to play consolidator in online shake-up

Sun, May 07, 2017

Japan's SoftBank is seeking to secure a piece of India`s industry leaders in everything from payment systems to online shopping and groceries, in a series of deals that would shake up the $65 billion sector, cited the sources with direct knowledge of the matter.

Flipkart stands to gain from the alleged FreeCharge, MobiKwik merger

Flipkart stands to gain from the alleged FreeCharge, MobiKwik merger

Mon, Apr 24, 2017

Flipkart, which is advanced talks with Snapdeal's largest investor SoftBank for its acquisition, could stand to benefit from this deal the most.

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