SoftBank
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 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 ...
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 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...
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 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’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’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, 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, 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...
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...
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...
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...