Business Standard

Softbank Chairman Masayoshi Son

SoftBank has no plan to improve board oversight of Vision Fund: Report

SoftBank has pushed back against creating such a committee, with executives arguing investments already vetted by top management and $3-5 billion deals put to the large limited partners

SoftBank has no plan to improve board oversight of Vision Fund: Report
Updated On : 06 Jul 2020 | 9:49 AM IST

Masayoshi Son defends investment choices, says SoftBank is not 'SoftPunku'

Sprint, which Son loaded up with debt and made repeated attempts to merge with T-Mobile before successfully closing the deal in April, has delivered an internal rate of return of 25%, Son said

Masayoshi Son defends investment choices, says SoftBank is not 'SoftPunku'
Updated On : 25 Jun 2020 | 1:21 PM IST

SoftBank Vision Fund posts $17.7 billion loss on WeWork, Uber Technologies

Takes hit after writing down the value of investments in WeWork, Uber and others; plans to double buybacks

SoftBank Vision Fund posts $17.7 billion loss on WeWork, Uber Technologies
Updated On : 18 May 2020 | 11:40 PM IST

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down

The Japanese company made the announcement in a statement Thursday, citing more than 1 trillion yen of non-operating losses from investments held outside of its $100 billion Vision Fund.

SoftBank Group sees wider loss of $8.4 billion on WeWork write-down
Updated On : 01 May 2020 | 12:51 AM IST

SoftBank's $2-billion guarantee at risk as pandemic hits Oyo business

Oyo risks turning into another problem startup for SoftBank and Son, still reeling from the meltdown at the shared-office company WeWork.

SoftBank's $2-billion guarantee at risk as pandemic hits Oyo business
Updated On : 13 Apr 2020 | 9:01 PM IST

SoftBank CEO Son says will donate 300 million masks per month to Japan

SoftBank will donate two different kinds of mask, initially for medical staff, in cooperation with the Japanese government's "mask team", set up to tackle shortages due to the coronavirus outbreak

SoftBank CEO Son says will donate 300 million masks per month to Japan
Updated On : 11 Apr 2020 | 9:47 PM IST

Softbank's Son reiterates his belief in gut-led investing in chat with Ma

SoftBank owns 26% of China's Alibaba, with its origin in a $20 million investment in 2000, and the stake is now worth more than the Japanese firm's market capitalization

Softbank's Son reiterates his belief in gut-led investing in chat with Ma
Updated On : 06 Dec 2019 | 4:39 PM IST

'Judgement on WeWork was poor in many ways': Softbank CEO after Q2 loss

(Reuters) - SoftBank Group Corp <9984.T> fell into the red in the second quarter for the first time in 14 years, with its gigantic Vision Fund suffering a 970 billion yen ($8.9 billion) loss on plunging valuations of WeWork and Uber Inc .

'Judgement on WeWork was poor in many ways': Softbank CEO after Q2 loss
Updated On : 06 Nov 2019 | 10:06 PM IST

Son's failed tech bets behind Softbank Group's $6.5 billion quarterly loss

TOKYO (Reuters) - SoftBank Group Corp <9984.T> plunged on Wednesday to a quarterly loss that was far larger than analysts' estimates, hit by the falling valuations of some of its biggest tech bets such as WeWork and Uber Technologies .

Son's failed tech bets behind Softbank Group's $6.5 billion quarterly loss
Updated On : 06 Nov 2019 | 4:13 PM IST

Son's tech bets to cost Softbank first quarterly loss in 14 years?

TOKYO (Reuters) - SoftBank Group Corp <9984.T> and its founder Masayoshi Son face a day of reckoning on Wednesday when the investment juggernaut is likely to post weak quarterly results, hit by hefty falls in the valuation of some of its biggest tech bets.

Son's tech bets to cost Softbank first quarterly loss in 14 years?
Updated On : 05 Nov 2019 | 7:08 PM IST

OYO may become largest hotel network in the world: SoftBank's Masayoshi Son

Son said that OYO is one of the largest hotel networks in India and has become the second biggest hotel network in China in just one year

OYO may become largest hotel network in the world: SoftBank's Masayoshi Son
Updated On : 20 Jun 2019 | 7:10 AM IST

Flipkart, Paytm own 60% of their markets: SoftBank's Masayoshi Son

SoftBank has claimed that the cumulative valuation of its investments in India is $6 billion

Flipkart, Paytm own 60% of their markets: SoftBank's Masayoshi Son
Updated On : 07 Nov 2017 | 1:16 AM IST