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SoftBank Vision Fund

SoftBank governance reforms stop short of Vision Fund

Finance

06 July, 2020

SoftBank governance reforms stop short of Vision Fund

SoftBank Group Corp has no plans to increase board oversight of its $100 billion Vision Fund, two sources said, disregarding ......

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

Finance

25 June, 2020

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

SoftBank Group Corp Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the value of ......

SoftBank Vision Fund head's pay doubled last year despite massive losses

Finance

01 June, 2020

SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to 1.6 ......

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Which VC investors are feeling the most pinch as startups face turbulence?

Finance

29 May, 2020

Which VC investors are feeling the most pinch as startups face turbulence?

Over the past few years India has emerged as a favourite destination for venture capital investors looking to bet on ......

Ola to cut one-third workforce as revenue slumps in lockdown

TMT

20 May, 2020

Ola to cut one-third workforce as revenue slumps in lockdown

Cab aggregator Ola is letting go 1,400 employees as the coronavirus pandemic has hurt its core ride-hailing business, joining a ......

WeWork India lays off 20% of workforce as virus lockdowns weigh

Infrastructure

19 May, 2020

WeWork India lays off 20% of workforce as virus lockdowns weigh

WeWork’s India franchise said on Tuesday it laid off 100 employees, or 20% of its workforce, as the office-sharing startup ......

SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'

Finance

18 May, 2020

SoftBank Vision Fund tumbles to $18 bn loss in ‘valley of coronavirus'

Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to ......

WeWork co-founder Neumann sues SoftBank over failed tender offer

TMT

05 May, 2020

WeWork co-founder Neumann sues SoftBank over failed tender offer

WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating ......

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

TMT

30 April, 2020

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

India’s Oyo Hotels and Homes, backed by SoftBank Group, plans to offload more properties around the world, three sources familiar ......

SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery

TMT

30 April, 2020

SoftBank writes down WeWork by $6.6 bn, compounding portfolio misery

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March ......

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