SoftBank

Platform News: Japan's SoftBank

SoftBank Vision Fund seen posting record earnings on Coupang

SoftBank’s $100 billion Vision Fund is widely seen reporting record earnings on the 12th of May after portfolio companies listed during the quarter, mostly driven by gain on ...

nvidia chipmaker

UK invokes national security to investigate Nvidia’s ARM deal

The UK government will look into the national security implications of US group Nvidia’s purchase of British chip designer ARM Holdings, it has said, raising a question mark ...

Flipkart

Flipkart in early talks for US listing via SPAC deal

India’s Flipkart is exploring going public in the United States through a deal with a blank-check firm, although a traditional stock market listing is much more likely, peopl...

Platform News: Delivery Services across the world

South Korea food delivery giants rev up rider race amid COVID-19 boom

In South Korea, a number of the world’s biggest food delivery firms are scrambling to browse an estimated $4 billion wave of fresh orders, contracting tens of thousands of ne...

WeWork

The We Company reverts to WeWork to emphasize office-sharing roots

We Company, parent of money-losing shared office supplier WeWork, which last year yanked intends to go public following harsh criticism within its business model and erratic direct...

Paytm

Paytm targets a million apps on its mini app store to take on Google

Alibaba-backed Indian FinTech firm Paytm is aiming to get a million apps onto its own “mini app store” by the first quarter of 2021, it said on Thursday, seeking to cha...

Platform Industry: Modi PM of India

Could India be planning to launch its own app store?

India is open to launching its own mobile app shop or enlarging an existing one if it receives sufficient demand from domestic firms for an alternative to Apple and Google platform...

Didi V2X

Didi and BYD to launch co-designed ride-hailing EV in China

BYD received approval from China’s Ministry of Industry and Information Technology to market an electrical sedan version known as D1 last month, based on government records. ...

nvidia chipmaker

China state media outlet calls Nvidia’s Arm purchase ‘disturbing’

An op-ed in China’s state-backed Global Times news outlet has said US chipmaker Nvidia’s proposed acquisition of Arm Ltd from Japan’s SoftBank Group Corp was R...

Platform News: Wall Street in New York

M&A: Tech leads crisis-driven boom with $350 billion deal rush

Global M&A volumes are exceeding $2 trillion for 2020, with technology making up almost a fifth of the total after mammoth deals such as SoftBank’s $40 billion purchase o...

Platform News: Introducing nvidia chip hardware

Nvidia’s deal for Arm sparks quick backlash in chip industry

Nvidia’s $40 billion agreement to acquire Arm Ltd from SoftBank Group is likely to meet strong resistance from Nvidia’s chip industry rivals, analysts say, with murmurs...

nvidia chipmaker

WSJ reporting that SoftBank nears a $40 billion deal to sell Arm Holdings to Nvidia

SoftBank Group is near to selling British chip designer Arm Holdings to Nvidia Corp for more than $40 billion, a deal that would create a giant in the processor industry, the Wall ...

Platform News: Japan's SoftBank

SoftBank Group sheds $15 billion on US tech stock rout

SoftBank stocks were down 5 percent in afternoon trade on Wednesday, extending this week’s slump that’s wiped $15 billion in its market capitalisation, as investors wor...

Platform News: SoftBank Group CEO

SoftBank shares slide 7% as tech stock options bets unnerve investors

SoftBank Group closed some 7% down as the Japanese conglomerate’s bets on equity derivatives tied to listed platform businesses made investors uneasy amid a decline in market...

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