SoftBank

Flipkart

Flipkart to resume e-commerce sales of essential products

Walmart Inc’s Flipkart will resume e-commerce services for essential products after receiving federal and state government assurances on the safety of its delivery staff and ...

SoftBank

SoftBank criticises Moody’s after two-notch downgrade

SoftBank Group Corp on Wednesday hit out at credit ratings agency Moody’s after it downgraded the tech conglomerate by two notches to Ba3 and took the unusual step of asking ...

Good Doctor

Coronavirus spurs Ping An Good Doctor to hire hundreds of doctors in Indonesia

China’s Ping An Good Doctor said its healthcare venture with ride hailing firm Grab plans to hire hundreds of doctors in Indonesia after the spread of the coronavirus caused ...

SoftBank

SoftBank plans $41 billion of asset sales to expand buyback and cut debt

SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pumm...

SoftBank

Brief examination of SoftBank’s key assets

SoftBank Group Corp plans to raise up to 4.5 trillion yen (approximately $41 billion) by selling or monetising assets to buy back 2 trillion yen of its shares and reduce overall de...

SoftBank

SoftBank Group’s market cap dips below domestic telco as scepticism grows

SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalisation dipping below the value of its domestic telco, as uncertainty grows over its managemen...

SoftBank

SoftBank’s founder ends Twitter absence over coronavirus worries

SoftBank founder Masayoshi Son may not be the most prolific Twitter user, but he has ended a three-year absence on the platform to express concern about the coronavirus outbreak, t...

SoftBank

SoftBank’s China strategy wobbles as key bets disappoint

HONG KONG/BEIJING (Reuters) – For Tokyo, Japan-based SoftBank Group Inc, the financial technology firm OneConnect’s IPO should have been a vindication of an aggressive ...

Apple

Apple, Intel file antitrust case vs SoftBank-owned firm over patent practices

SAN FRANCISCO (Reuters) – Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled...

Apple

Apple, Intel file antitrust case against SoftBank-owned firm over patent practices

SAN FRANCISCO (Reuters) – Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled...

Line SoftBank

SoftBank to create $30 billion tech giant via Yahoo Japan, Line Corp deal

TOKYO (Reuters) – SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to comp...

TikTok

Exclusive: US opens national security investigation into TikTok – sources

NEW YORK/BEIJING/WASHINGTON (Reuters) – The U.S. government has launched a national security review of TikTok owner Beijing ByteDance Technology Co’s $1 billion acquisi...

Line SoftBank

SoftBank’s Yahoo Japan confirms merger talks with Line, shares jump

TOKYO (Reuters) – SoftBank’s Yahoo Japan, one of Japan’s top internet firms, confirmed it is in talks to merge with Line Corp, a $27 billion union that would brin...