SoftBank invests $2.8 billion in Norwegian robotics firm AutoStore

SoftBank invests $2.8 billion in Norwegian robotics firm AutoStore

By Anna Domanska - Apr 06, 2021

Japanese investment giant SoftBank Group has struck a $2.8 billion deal for a 40 percent stake in Norwegian warehouse automation company AutoStore, in the latest round of long-term

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SoftBank Rides Recovery on Vision Fund Performance

SoftBank Rides Recovery on Vision Fund Performance

By Anna Domanska - Feb 09, 2021

SoftBank Group Corp’s net profit went up to $11.1 billion (¥1.17 trillion) in the third quarter on the back of stock rallies and asset sales, which has helped the conglomerate t

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It’s end of a sweet ride for Uber, says SoftBank’s Vision Fund

It’s end of a sweet ride for Uber, says SoftBank’s Vision Fund

By Anna Domanska - Jan 12, 2021

SoftBank Vision Fund’s loss of $17.7 billion last year had a lot to do with Uber’s botched IPO and the pandemic that brought the demand for ride-sharing to a standstill.

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Softbank on Repurchasing Spree to Shore up Cash

Softbank on Repurchasing Spree to Shore up Cash

By Anna Domanska - Nov 09, 2020

SoftBank has turned around Vision Fund with a $7.5 billion profit and is meeting its debt commitments with share repurchases and more in a bid to override bad investments of the pa

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SoftBank Enjoys a Wealth of Exciting Returns from South Asia

SoftBank Enjoys a Wealth of Exciting Returns from South Asia

By Anna Domanska - Aug 06, 2018

IN BRIEF: Japan’s SoftBank Group Corp on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale of stake in Indian e-commerce major Flipkart –

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SoftBank CEO Pledges $50 Billion to U.S. Tech Industry

SoftBank CEO Pledges $50 Billion to U.S. Tech Industry

By Carrie Ann - Dec 09, 2016

After the hype surrounding the U.S. presidential elections ended, the newly elected President Donald Trump expressed some of his major concerns. One of the most significant agendas

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SoftBank Corp. invested $1 million stakes in South Korea’s Startup - Coupang

SoftBank Corp. invested $1 million stakes in South Korea’s Startup - Coupang

By Anna Domanska - Jun 04, 2015

Today, massive multinational telecom and Internet corp. – Softbank Corp. invested $1 million stakes in Coupang – the South Korea’s largest online retailer company to

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Softbank Unveils World's First Personal Robot That Can Decipher Human Emotions

Softbank Unveils World's First Personal Robot That Can Decipher Human Emotions

By Anna Domanska - Jun 06, 2014

Japanese tech group Softbank and Aldebaran Robotics SAS, the world leader in humanoid robotics, announced the plan to launch the world’s first personal robot that can deciph

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