WebAug 11, 2024 · SoftBank is set to gain more than $34 billion by cutting its stake in Alibaba, the crown jewel of its investment portfolio, after posting record losses on its tech bets this … Start with the financial gymnastics. At SoftBank’s highest levels, close to Mr Son, is a group of traders who worked at Deutsche Bank at a … See more If Wirecard and Northstar exemplify Mr Son’s penchant for financial gymnastics, the story of Greensill’s rise and fall highlights the dangers of its ecosystem. SoftBank touts this as a competitive advantage. It … See more SoftBank insists its governance and finances are sound. It has long had a policy of keeping enough money on hand to repay all its bonds that mature in the next two years. The … See more
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WebDec 20, 2024 · The Bogota-based financial technology company said its valuation is above $700 million after it raised $80 million in equity from Singapore’s sovereign wealth fund, … WebJun 17, 2024 · Today SoftBank is best understood as having four main parts. The most valuable by far is the 24.85% stake in Alibaba, worth $144bn. The second part contains its remaining mobile businesses and Arm ... grapevine tx from here
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WebNov 9, 2024 · Insiders reveal how Softbank stepped in and cleaned house in the wake of WeWork. SoftBank-backed Fair burned through nearly $400 million in 10 months, a cautionary tale of a startup on an ... WebFeb 16, 2016 · TOKYO and PETAH TIKVA, Israel, Feb. 16, 2016 (GLOBE NEWSWIRE) -- SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp. (TOKYO:9984) providing mobile communication, fixed-line communication and Internet connection services to customers in Japan, and Gilat Satellite Networks Ltd. (“Gilat”) (NASDAQ:GILT) … WebJun 3, 2024 · SoftBank Group is launching a $100 million fund to invest in “companies led by founders and entrepreneurs of color,” in the latest corporate action as protests roil the … grapevine tx from dallas tx