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SoftBank-backed Oyo firing thousands across China and India
FRIDAY, JANUARY 10, 2020
Oyo Hotels is firing thousands of staff across China and India, people familiar with the matter said, adding to growing signs of trouble at one of the largest startups in SoftBank Group Corp.'s portfolio.
SoftBank unveils massive $21 bn IPO of Japan mobile unit
MONDAY, NOVEMBER 12, 2018
Telecoms giant SoftBank will list shares in its Japanese mobile unit next month in a sale that could raise over $21 billion and be one of the biggest tech IPOs in years.
SoftBank boss condemns Khashoggi murder, but won't end ties
MONDAY, NOVEMBER 05, 2018
The head of Japanese firm SoftBank on Monday condemned the killing of Saudi journalist Jamal Khashoggi, but indicated he would continue to do business with Saudi Arabia.
SoftBank posts eight-fold jump in first-half net profit
MONDAY, NOVEMBER 05, 2018
Japan's SoftBank Group said Monday it logged an eight-fold jump in net profit in the six months to September thanks to strong returns from its investment funds.
Toyota, Softbank unveil tie-up, eye autonomous vehicle services
THURSDAY, OCTOBER 04, 2018
Japanese car giant Toyota and conglomerate Softbank on Thursday announced they would create a joint venture to provide "new mobility services" including autonomous vehicles for services such as meal deliveries.
SoftBank deleted 10.3 million emails in error
SUNDAY, SEPTEMBER 23, 2018
TOKYO - SoftBank Corp. has mistakenly deleted about 10.3 million emails that were supposed to be sent to about 4.36 million users of its mobile phones, the carrier announced on Friday.
Japan's SoftBank Group soars on listing reports
MONDAY, JANUARY 15, 2018
Shares in Japan's SoftBank Group soared six percent Monday on reports it could list its mobile unit, raising up to $18 billion in one of the country's biggest public offerings.
SoftBank seals deal for large Uber stake, trimming valuation
FRIDAY, DECEMBER 29, 2017
Uber and SoftBank announced a deal Thursday allowing the Japanese tech titan to take a large stake in the US ridesharing giant, making a hefty cut in the valuation of the biggest venture-backed startup.
Japan's SoftBank: 'No final agreement' on Uber
TUESDAY, NOVEMBER 14, 2017
Japanese tech giant SoftBank Tuesday said there was "no final agreement" on an investment in Uber and warned it could pull out of a potential deal if the terms were unsatisfactory.
Uber clears the way for SoftBank investment: report
MONDAY, NOVEMBER 13, 2017
Former Uber CEO Travis Kalanick and an influential investor in the ride-sharing company have resolved a feud that will clear the path for Japan's SoftBank to acquire a stake in the firm, the Wall Street Journal reported Sunday.
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