SoftBank

Flipkart

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 Payment

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...

Platform News: Japan's SoftBank

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...

nvidia chipmaker

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...

Platform News: Didi

China’s Didi worth $68 billion after US 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 ...

Platform News: Dingdong

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 ...

Platform News: Semiconductor and chipmaker nvidia

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.

Platform News: Japan's PayPay

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...

Didi V2X

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...

Paytm

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...

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...