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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SoftBank’s Vision Fund prepares to invest $1 billion in Grab

SoftBank’s Vision Fund prepares to invest $1 billion in Grab

By Anna Domanska - Dec 24, 2018

SoftBank’s Vision Fund continues its investment spree in the Asian market as the Japanese conglomerate prepares to place another bet on Grab. The mega Fund is planning to invest

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Saudi Arabia plans to bet extra $45B on SoftBank’s next Vision Fund

Saudi Arabia plans to bet extra $45B on SoftBank’s next Vision Fund

By Anna Domanska - Oct 08, 2018

Saudi Arabia’s sovereign wealth fund is planning to double its bet on SoftBank Group Corp. with another $45 billion investment, supporting Masayoshi Son’s second $100 billion V

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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 Uber deal might rescue the ride-hailing giant

SoftBank Uber deal might rescue the ride-hailing giant

By Carrie Ann - Oct 21, 2017

Uber Technologies Inc. has been shuffling between all the troubles it is facing for a while now. The most recent one is the cancellation of its license in the city of London. The r

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Coworking office spaces company WeWork attains investment worth $4.4 billion

Coworking office spaces company WeWork attains investment worth $4.4 billion

By Carrie Ann - Aug 25, 2017

There was a time when production of certain objects or even services would be dealt with by a person independently. Now that isn’t the scenario anymore. We as modern humans expec

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