SoftBank Vision Fund
Finance
For SoftBank's Masayoshi Son, coronavirus turns vision to illusion
SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses ......
TMT
Softbank-backed OYO to cut pay of all employees in India
Softbank Group-backed OYO Hotels and Homes has cut the salaries of all employees by 25% for four months starting April ......
General
Grapevine: Zomato eyes Grofers; Donna FMCG raises funding from CanQbate50
Food delivery and restaurant discovery platform Zomato is in talks to acquire grocery e-tailer Grofers, Entrackr first reported citing people ......
Finance
Fading Vision Fund to tip SoftBank into first loss in 15 years
SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen due to the worsening performance ......
Infrastructure
WeWork sues SoftBank for dropping $3 bn tender offer
A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday ......
Infrastructure
SoftBank scraps $3 bn deal for additional WeWork shares
Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with ......
TMT
SoftBank-backed Oyo sees signs of recovery in China after coronavirus outbreak
Oyo Hotels and Homes has started to see a recovery in bookings in China, its second-largest market, as the coronavirus ......
Finance
SoftBank to sell up to $41 bn assets to fund share buyback, cut debt
SoftBank Group Corp said on Monday it is selling or monetising up to 4.5 trillion yen ($41 billion) in assets ......
General
Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund
Online grocery major BigBasket is in talks to acquire micro-delivery startup Milkbasket and hyperlocal delivery startup DailyNinja, a media report ......
TMT
SoftBank Group's shares slump on scepticism over startup bets
SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalisation dipping below the value of ......
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