SoftBank

Sustainable manufacturing in Saudi Arabia is set to thrive as Alat, owned by the Public Investment Fund, partners with four global firms including Softbank Group and Carrier Corp. In its press release, the Saudi tech company said it has…
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Japan’s SoftBank Group Corp. reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, as rising interest rates and political instability have whiplashed high-growth tech stocks. The loss was in stark contrast…
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SoftBank Group Corp reported a 397 billion yen ($3.5 billion) net loss for the July-September quarter, dragged down by a $10 billion investment loss at its Vision Fund unit as tech valuations fell. While CEO Masayoshi Son describes…
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Customer engagement startup Unifonic has raised $125 million in its latest funding round led by SoftBank and a unit of the Public Investment Fund. News of the deal first came out in June, but was only officially announced on Wednesday,…
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SoftBank Group Corp’s Vision Fund unit on Tuesday posted a 236 billion yen ($2.14 billion) profit in the first quarter after gains from listing portfolio companies were offset by falling shares in firms like e-retailer Coupang Inc. The…
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SoftBank Group Corp. on Wednesday reported a record fourth quarter 4.03 trillion yen ($36.99 billion) Vision Fund unit profit from an investment gain on Coupang, putting it among the world’s biggest earning firms a year after an…
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SoftBank Group Corp. has reached a settlement in a US legal dispute with directors of office space-sharing venture WeWork Inc. and its founder Adam Neumann, the Japanese technology company said Saturday. The terms of the settlement in…
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