There will be no change in investment made by Softbank in these companies, the source said.
Representatives of SoftBank Group Corporation will step down from the boards of Indian digital payments firm Paytm and the parent of online insurance aggregator Policybazaar, a person with direct knowledge of the matter said.

SoftBank execs to quit Paytm, Policybazaar boards as part of global plan

08:07am, Tuesday, 15'th Mar 2022 Business Standard
Japanese tech conglomerate expects it would have fewer regulatory issues to tackle with strategy.
The decision is part of SoftBank''s global strategy to exit from the boards of most of its listed portfolio companies, said the source, adding that the Japanese tech conglomerate expected it would leave fewer regulatory issues to tackle.
Representatives of SoftBank Group Corporation will step down from the boards of Indian digital payments firm Paytm and the parent of online insurance aggregator Policybazaar, a person with direct…
The action is consistent with Softbank''s move globally—it steps away from board positions after its portfolio companies get listed. Softbank will remain as an investor and retain its shareholding in both these firms, the people cited above said, asking not to be named.

SoftBank''s Munish Verma to step down from Paytm, Policybazaar boards

04:04am, Tuesday, 15'th Mar 2022 Economic Times India
People briefed on the matter said this is in line with SoftBank''s policy of stepping away from the board once the portfolio companies go public.

SoftBank''s $1B Block Sale Is Causing Coupang''s Meltdown

01:59pm, Monday, 14'th Mar 2022 Benzinga
SoftBank Group Corp (OTC: SFTBY ) (OTC: SFTBF ) Vision Fund''s block trade sale worth $1 billion on March 9 triggered Coupang Inc (NYSE: CPNG ) share''s recent meltdown. SVF Investments (UK) Ltd sold 50 million Coupang shares for $20.87 per share. Coupang''s shares … Full story available on Benzinga.com
NOK rose after an analyst''s upgrade. LUNA rallied on results and an acquisition. SNY dropped on clinical trial results. CPNG fell after Softbank sold shares in the company.
SoftBank Group Corp''s Vision Fund sold shares worth $1 billion in Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of the tech investment firm''s holdings

SoftBank sold $1 billion Coupang stake By Reuters

06:51am, Monday, 14'th Mar 2022 State Of Press
© Reuters. FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, Feb. 4, 2021. REUTERS/Kim Kyung-Hoon By Sam Nussey TOKYO (Reuters) -SoftBank Group Corp’s Vision Fund sold shares worth $1 billion in Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of the tech investment firm’s …

SoftBank sold $1 bln Coupang stake

06:21am, Monday, 14'th Mar 2022 Reuters
SoftBank Group Corp''s Vision Fund sold shares worth $1 billion in Korean e-commerce firm Coupang , a filing showed, amid a slump in the value of the tech investment firm''s holdings.

SoftBank sold $1 billion Coupang stake

06:17am, Monday, 14'th Mar 2022 Channel NewsAsia
TOKYO : SoftBank Group Corp''s Vision Fund sold shares worth $1 billion in Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of the tech investment firm''s holdings. Vision Fund sold 50 milllion Coupang shares for $20.87 each, according to a filing to the U.S. Securities and Exchang
SoftBank''s (SFTBY) Vision Fund has sold 50 million shares of its stake in South Korean e-commerce company Coupang Inc. (CPNG) for about $1.04 billion.The Vision Fund disposed of 50…
Japanese investor SoftBank Investment Advisers is in talks with Tatas and Mahindras for a stake buy in one of their subsidiaries, a top official said on Friday.
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