SoftBank Vision Fund
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Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm
The local unit of South African financial services group Investec is leading the race to buy a stake in State ......
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
TMT
Tencent buys Tiger Global stake to bet on PolicyBazaar
Chinese conglomerate Tencent Holdings Ltd has picked up a stake in Indian insurance aggregator PolicyBazaar, as it continues to...
People
Uber co-founder Travis Kalanick sells nearly $550 mn of shares
Uber Technologies Inc co-founder and former chief executive Travis Kalanick has sold nearly 21% of his stake in the ride-hailing...
Finance
SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble
SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts’ estimates, hit by the ......
TMT
CCI to probe SoftBank-backed Oyo, MakeMyTrip
An Indian regulator has ordered an investigation into allegations that hotel-booking service MakeMyTrip Ltd gives special treatment...
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......
TMT
Softbank-backed C2FO acquires payment platform Priority Vendor
US-based fintech firm C2FO, which operates a marketplace that provides working capital to companies and counts India as its fastest-growing...
Finance
SoftBank CEO Masayoshi Son says "embarrassed" by track record
SoftBank Group CEO Masayoshi Son said he is "embarrassed and flustered" by his track record, in comments to Nikkei Business...
TMT
SoftBank-backed Oyo faces backlash as some hotels cry foul and check out
India's Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a ......
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