Latest on SoftBank — - The Indian Panorama

Ola to shut ops in Britain, Australia, New Zealand; to focus on India

Apr 12, 2024 - 8:13 am EDT @theindpanorama 0

New Delhi (TIP)- Ride-hailing services provider Ola has decided to shut down operations in the UK, Australia and New Zealand and will continue to focus on India business, its promoter ANI Technologies said. The Softbank-backed […]

Softbank sells 1.16% stake in Zomato for Rs 947 crore

Sep 2, 2023 - 6:58 am EDT @theindpanorama 0

Japanese conglomerate Softbank on Wednesday, August 30, divested a 1.16% stake in online food ordering company Zomato for Rs 947 crore through an open market transaction. Softbank through its affiliate SVF Growth (Singapore) Pte offloaded […]

SoftBank shares surge after Alibaba unveils six-way split of its businesses

Mar 31, 2023 - 7:12 am EDT @theindpanorama 0

Tokyo (TIP)- SoftBank Group Corp. surged in Tokyo trading after Alibaba Group Holding Ltd. announced a six-way split of its businesses, fueling optimism for a recovery at one of the Japanese company’s most important holdings. […]

SoftBank pauses China investing as crackdown roils portfolio

Aug 16, 2021 - 9:30 am EDT @theindpanorama 0

TOKYO (TIP): SoftBank Group Corp will pause its investing in China as it waits for regulatory action against the country’s tech firms to play out, Chief Executive Masayoshi Son said “Until the situation is clearer […]

Japan’s SoftBank invests $200 million in largest crypto exchange of Brazil

Jul 4, 2021 - 10:13 am EDT @theindpanorama 1

Japan‘s SoftBank Group Corp has invested $200 million in Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, said Roberto Dagnoni, executive chairman and chief executive officer of 2TM Group, the trading platform’s […]

‘SoftBank could invest over $4 billion in India’

Jun 6, 2021 - 3:09 am EDT @theindpanorama 0

Masayoshi Son-led SoftBank Group Corp. could put more than $4 billion to work in India in 2021 across myriad technology bets, including software as a service (SaaS), B2B marketplaces, e-commerce, health-tech and ed-tech. The investments […]

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