SoftBank
Walmart’s Flipkart raises fresh funds for $38 billion valuation as IPO looms
Walmart Inc-owned Flipkart on Monday ushered back SoftBank Group Corp as an investor in a $3.6 billion funding round, doubling the Indian online retailer’s valuation to $37.6...
Visa says spending on crypto-linked cards topped $1 billion in first half this year
Visa Inc has said its customers spent more than $1 billion on its crypto-linked cards in the first half of this year, as the payments processor takes steps to make crypto transacti...
SoftBank pays $1.6 billion for Yahoo Japan rights
SoftBank’s internet business Z Holdings Corp said on Monday it has agreed to pay Verizon Communications Inc 178.5 billion yen ($1.61 billion) to secure the rights to Yahoo br...
Arm CEO says Nvidia merger better than going public
Nvidia Corp’s proposed $40 billion acquisition of Arm Ltd would better support the creation of UK technology jobs than the SoftBank Group unit becoming a standalone public co...
China’s Didi worth $68 billion after U.S. debut
Didi Global Inc shares ended their first day of US trading slightly over their initial public offering (IPO) price, valuing the ride-hailing giant at $68.49 billion in the biggest ...
Dingdong valued at $6.6 billion as shares rise 19% in NYSE debut
Shares of Dingdong, backed by SoftBank Vision Fund II, opened 19% above their offer price in their debut on the New York Stock Exchange, giving the Chinese grocery app a valuation ...
Nvidia to invest at least $100 million in UK supercomputer, CEO says
Nvidia Corp’s chief executive has said the company will spend at least $100 million on a supercomputer in the United Kingdom.
SoftBank’s PayPay surges ahead in Japan’s digital payments race
For six decades, shoppers at Mikawaya, a rice dealer in eastern Tokyo, paid in cash – until sales staff from payments app PayPay swept through the low-lying district, persuad...
China’s Didi reveals US IPO filing, sets stage for blockbuster float
Didi Chuxing, China’s biggest ride-hailing firm, has made public its filing for a US stock market listing, setting the stage for what is expected to be the world’s bigg...
Report: India’s Paytm targets $3 billion IPO
Indian FinTech player Paytm is aiming to raise about 218 billion rupees (approximately $3 billion) in an initial public offering late this year, Bloomberg News has reported, citing...
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 ...
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 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...
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...