Japanese conglomerate SoftBank to lay off 30% staff globally: Report
The layoff move comes after SoftBank’s subsidiary the Vision Fund suffered a record $50 billion loss in the six months through June. SoftBank CEO Masayoshi Son’s faced huge losses in some of his tech bets.
Sep 29, 2022, 20:32 PM IST
SoftBank offers to buy Uber shares at 30% discount
The SoftBank-led investor group will acquire two of the new board seats, with the remaining four going to independent directors.
Nov 28, 2017, 09:15 AM IST
SoftBank's Vision Fund considers $500 million investment in ZhongAn IPO
The fund is likely to be a so-called cornerstone investor in ZhongAn`s up to $1.5 billion IPO.
Sep 14, 2017, 12:10 PM IST
SoftBank bolsters Flipkart's firepower to challenge Amazon in India
The deal comes just 10 days after SoftBank`s attempts to forge a deal between Flipkart and smaller rival Snapdeal - and thwart Amazon`s ambitions in India - fell apart following months of negotiations.
Aug 10, 2017, 20:38 PM IST
SoftBank Vision Fund invest at least $2.5 billion in Flipkart, becomes largest shareholder in the firm
The investment is part of the previously announced financing round, where Flipkart had raised capital from China`s internet company Tencent, eBay and global technology giant Microsoft.
Aug 10, 2017, 15:36 PM IST
Meet the man who bid goodbye to a job that earned him Rs 500 crore annually
Arora, 48, who joined SoftBank in September 2014 with an annual salary of $73 million (around Rs 500 crore).
Jun 23, 2016, 12:51 PM IST
