SoftBank Expands AI Focus Despite Vision Fund Struggles
SoftBank Group reported a net loss of 369.2 billion yen ($2.4 billion) in Q3 as the Vision Fund’s public holdings declined, adding pressure on founder...
Tag : SoftBank
SoftBank Looking to Invest $500 Million in SkildAI
SoftBank is talking about investing $500 million in Skild AI, a $4 billion software business that is creating a basic robotics approach. The two-year-old company...
Zomato Shares Trades 1% Lower as 9.35 Crore Shares Change Hands Via Block Deal
Shares of online food delivery giant Zomato Ltd were trading in the red and 1% lower on 8 December after 9.35 crore equity shares changed...
SoftBank Chip Unit Arm Files For Blockbuster Nasdaq IPO
British semiconductor and software design firm Arm has filed for its Initial Public offering (IPO) in the US on 21 August, making it the biggest...
WeWork Warns of Bankruptcy, Share Value Sinks to 13 Cents
WeWork, a shared workspace provider, has warned its investors in a recent Securities and Exchange Commission (SEC) filing that it could go bankrupt. However, WeWork’s...
SoftBank Offload 2% Stake in Paytm for $250-300 Million
SoftBank sells another 2% stake in Paytm’s parent One97 Communications Ltd, its biggest listed investment in India. The company offloaded the shares via open market...
Softbank Sells 2% Stake Worth $120 Million in Paytm to Meet SEBI Rules
On Thursday, Japanese tech investor SoftBank notified stock exchanges that it had sold a 2.07% stake in One97 Communications Limited, the parent of fintech firm...
SoftBank Sells 2% Stake in Paytm Worth $120 Million
SoftBank informed stock exchanges that it had sold a little more than 2% of Paytm parent One97 Communications Limited to comply with SEBI’s takeover rules....
PhonePe Launches UPI Lite for Smaller Payments 2 Months After Paytm
PhonePe rolled out the UPI (Unified Payments Interface) Lite payments feature in its app to offer faster payments for smaller transactions two months after its...
FirstCry Plans Sovereign Funds Offer at $3 Billion Valuation
Omnichannel retailer FirstCry plans a set of sovereign funds to ease some of its shareholders to sell a stake in the company costing $3 billion,...
