softbank

Over the past couple of years, a considerable number of foreign investors divested their stakes in various Indian startups. The reasons for these divestments have varied, ranging from profitable exits to acknowledging the challenges faced by these billion-dollar startups,...

The challenges for OYO, the hospitality startup unicorn of India, are far from over. As the company has started to come out from the grip of Covid-19, SoftBank Group Corp. has slashed the value of Oyo hotels on its...

Softbank's Masayoshi Son, a billionaire who is known for his aggressive bets on tech startups, is set to break another record, albeit an unpleasant one. SoftBank Group Corp.'s Vision Fund investment division may have lost a humongous amount...

As the Indian investments community is excited about the Zomato IPO, scheduled for tomorrow, the arch-rival Swiggy is busy preparing a bigger war chest to take on Zomato. The Competitive Commission of India (CCI) has given approval to $450 million...

Perseverance does pay off. The news of WeWork IPO is once again creating waves! The development coming from WeWork’s corner is the latest example to prove precisely that. Having failed spectacularly on its first attempt at IPO, WeWork has risen...

A fall from grace and a far cry from the days of hype and hubris, Softbank has finally moved in to resolve the pending lawsuit with Adam Neumann - one of the most controversial startup entrepreneurs in recent times. After...

Masayoshi Son is bidding adieu to the domestic telecommunication unit that has long been central to his technology empire SoftBank Corp and is all set to welcome a transition of power. According to a statement issued by the company, Son’s...

Following the surge in the value of U.S. headquartered ride-hailing giant Uber, SoftBank Group Corp’s Vision Fund cashed in on the same by selling close to $2 billion in Uber Technologies stock! According to a filing with the United Securities &...

Masayoshi Son has been looking to sell off Arm for quite some time and finally, it seems like he has managed to find the perfect buyer for it albeit with some complications. In what is being called the largest-ever...

If you think that acquisition of TikTok India is now a two horse race, involving giants like Microsoft and Reliance Jio, you are highly mistaken. TikTok’s acquisition is filled with twists turns and potholes. To add to the same, now...