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 ...

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DoorDash planning IPO, reports improved revenue due to demand for delivery services

DoorDash planning IPO, reports improved revenue due to demand for delivery services

By Anna Domanska - Nov 16, 2020

The Pandemic and rising demand for food delivery services has helped it ride out any big losses due to the Covid-19 that...

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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 repurch...

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NTT to buy-out Docomo in a $38 billion deal, the largest ever in Japan

NTT to buy-out Docomo in a $38 billion deal, the largest ever in Japan

By Christy Gren - Sep 29, 2020

The move follows Japan’s new prime minister Yoshihide Suga’s efforts to reinvigorate the economy by  lowering mobil...

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Goldman Sachs Rides on back of Tesla Share Upswing, Makes $100million this Summer

Goldman Sachs Rides on back of Tesla Share Upswing, Makes $100million this Summer

By Christy Gren - Sep 22, 2020

Goldman Sachs made nearly $100 million off the Tesla share performance in the markets this summer. ...

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NVIDIA acquires ARM for $40 billion

NVIDIA acquires ARM for $40 billion

By Anna Domanska - Sep 14, 2020

NVIDIA to grab renowned chip designer Arm at a whopping $40 billion deal ...

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Amazon, Softbank show interest in stake in Russian e-retailer Ozon

Amazon, Softbank show interest in stake in Russian e-retailer Ozon

By Anna Domanska - Jun 28, 2020

Russian conglomerate Sistema, the majority owner of online retailer Ozon, said that Amazon and Japanese Softbank had sho...

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SoftBank to rescue cash-strapped WeWork with $8 billion bailout deal

SoftBank to rescue cash-strapped WeWork with $8 billion bailout deal

By Anna Domanska - Oct 22, 2019

WeWork, a unicorn once valued at $47 billion, is now worth as little as $7.5 billion as SoftBank takes control of the ca...

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Softbank Dumps 1.1% of Its Visions Fund in a Smart Window Glass Company

Softbank Dumps 1.1% of Its Visions Fund in a Smart Window Glass Company

By Anna Domanska - Nov 05, 2018

SoftBank Vision Fund maintains its extravagancy amid Saudi journalist crisis as the investment firm on Friday announced ...

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