Tag: SoftBank
US: SoftBank bids to buy Uber stock at a 30% discount
Uber’s valuation may be looking at a haircut — Japan’s SoftBank is officially offering to purchase shares of the firm at a US$48 billion...
India: SoftBank seeks greater clout in global ride-hailing market
Masayoshi Son is looking to strengthen his grip on the global ride-hailing market, with SoftBank entering talks to become the dominant shareholder in Ola,...
EU: SoftBank-backed satellite merger falls apart
Efforts by SoftBank to forge consolidation in the space technology industry suffered a setback on Thursday with the collapse of a proposed merger between...
Brazil: Uber rival 99 secures $100Mn from SoftBank
Brazil-based 99 has raised a whopping $100 million from SoftBank in funding, just a few months after raising the same amount from Didi Chuxing...
India: Japan’s SoftBank looking to consolidate startups
After ploughing about $2 billion into minority stakes in Indian e-commerce businesses over the past few years, Japan’s SoftBank Group Corp. is upping the...
India/Japan: SoftBank pushes for Snapdeal sale to Flipkart
Japanese giant SoftBank is orchestrating a possible merger between the struggling Snapdeal and its bigger rival, Flipkart, according to people close to the development....
US: Sprint reportedly talking to White House about possible merger
In recent weeks, President Trump has repeatedly mentioned promised investments and jobs from Sprint and its parent company Softbank. Now the wireless provider is...
US: SoftBank reaches for stars with $1.8bn OneWeb, Intelsat merger
Intelsat and OneWeb today laid out plans for a mega-merger aimed at bolstering their satellite internet services, with a $1.8 billion investment boost from...
