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2 mins read

SoftBank's $10 billion gain on the DoorDash IPO will offset the fund's WeWork 'disaster,' says a stock analyst

"Suddenly Masa goes from losing to being hero very quickly," David Gibson of Astris Advisory Japan …

Emily Graffeo   


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4 mins read

Adani group sells stake in four companies to GQG Partners for ₹15,446 crore

The embattled Adani Group has sold minority stakes in four of its listed companies to US-based GQG …

PTI   


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Warren Buffett's Berkshire Hathaway could bag a 60% profit when Paytm goes public

The billionaire investor's company plans to sell at least some of its 2.8% stake in Paytm when the …

Theron Mohamed   


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4 mins read

‘Iron Man’ Vijay Shekhar Sharma put his own money on the line to launch Paytm — and ten years later the company is ready to go public

Vijay Shekhar Sharma is not a man to be trifled with and he’s proven that time and again with the s…

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1 min read

Digital payment firm Paytm gets a green signal from company's board to raise ₹22,000 crore via initial public offer

"The board of directors of Paytm has given in-principle approval for the mega IPO planned to …

PTI   


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SoftBank executives set to lose hundreds of millions on complex Wirecard trade inspired by Warren Buffett

Wirecard's share price has tanked 80% in the last few days, likely erasing gains that a small group…

Carmen Reinicke   


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Top 10 scary quotes from Masayoshi Son during the SoftBank earnings call

Despite his best attempt to put up a brave front, a lot of what Son said about the future of Sof…

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2 mins read

SoftBank Vision Fund 2 fails to raise new funds ⁠— Masayoshi Son says the company will now use its own money for investments

“The performance of Softbank Vision Fund 1 is not that great, therefore we decided to invest our…

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1 min read

SoftBank reported an eye-watering $6.5 billion loss in the wake of WeWork's catastrophic failed IPO

The company's huge loss comes after its firebrand founder Masayoshi Son took huge financial risks b…

Rosie Perper,Rosie Perper   


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1 min read

SoftBank is reportedly under investigation by the SEC following its risky 'Nasdaq whale' investments

SoftBank's investment arm, SB Northstar, made risky multibillion-dollar bets on tech stocks in 2020…

Tyler Sonnemaker   


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3 mins read

Masayoshi Son says AWS and Microsoft will buy more chipsets from the SoftBank Vision Fund-backed Arm, and not Intel

Out of the 88 companies that the SoftBank Vision Fund 1 has invested in, Son assumes that as man…

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"Jack Ma and I will remain friends forever," says Masayoshi Son as Alibaba founder leaves SoftBank board

There was something more disappointing for Masayoshi Son than Softbank’s nearly $9 billion loss and…

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1 min read

SoftBank-backed Greensill Capital is preparing to file for insolvency after losing a $4.6 billion contract, report says

Greensill's German banking subsidiary is now under direct oversight of the country's financial watc…

Shalini Nagarajan   


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6 mins read

Here’s why Grofers may allow an American 'blank cheque' firm to buy it out instead of fighting Ambani and BigBasket for IPO

India’s grocery market is estimated to be $600 billion and less than 5% of it is organised, accordi…

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2 mins read

Softbank will invest $100 million to make Miami a new tech hub

Softbank's COO says the Florida city has the right quality of life and tax structure to support a b…

Fatma Khaled   


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5 mins read

Delhivery delivers parcels to over 90% of India, but will its IPO deliver returns to its investors? Here’s what the analysts are saying

Logistics and supply chain company Delhivery is all set to launch its ₹5,235 crore initial public o…

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4 mins read

SoftBank has $13 billion unspent in India but Masayoshi Son is not betting on his own ‘vision’

Misra also told ET that SVF1 has invested $81 billion so far and has also returned $10.7 bil…

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3 mins read

Hyundai has bought robot maker Boston Dynamics from SoftBank in a $1.1 billion deal

South Korean automaker Hyundai is buying an 80% stake in Boston Dynamics for $880 million, valuing …

Grace Dean,Reuters   


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How Flipkart went from being an online bookseller to India’s biggest e-commerce story

The Walmart-Flipkart deal is finally official, with the US-based retail giant acquiring 77% stake…

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3 mins read

Bani Sapra