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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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 most businesses are facing. DoorDash has posted revenues of

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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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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 mobile fees.

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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 shown interest in buying a stake in the e-commerce site, accord

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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 cash-strapped startup. As a long-time WeWork investor, SoftBan

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