Softbank Group Stock News

Indian food delivery company Swiggy, which is backed by SoftBank Group, has started preparations to raise at least $800 million in an IPO early next year, the Nikkei reported on Tuesday, citing people familiar with the matter

SoftBank sold 20 million Alibaba shares in the last quarter and "will need to sell more in 2022.

The group will need $40 billion-45 billion of cash this year, Jefferies analyst Atul Goyal estimates, if it maintains the current pace of investing in startups and share repurchases as part of the 1 trillion yen ($8.7 billion) programme announced in November.

SoftBank seen trimming Alibaba stake to fill shortfall -analyst

PrimaryBid, a London, UK-based fintech platform that provides retail investors with fair access to public markets, raised $190M in Series C funding. The round was led by SoftBank, via its Vision Fund 2, with participation from Molten Ventures and other previous unnamed investors (which are London Stock Exchange Group, Draper Esprit, OMERS Ventures, Fidelity International [] The post PrimaryBid Raises $190M in Series C Funding appeared first on FinSMEs .

London-based PrimaryBid helped Deliveroo offer shares to retail investors in its March 2021 IPO

Fortress Investment Group is lining up advisers to work on a bid for Motor Fuel Group.

(Reuters) Fortress Investment Group is plotting a 5 billion pound ($6.8 billion) takeover of Britains petrol stations giant Motor Fuel Group (MFG), Sky News reported on Saturday.

Fortress Investment Group is plotting a 5 billion pound ($6.8 billion) takeover of Britain''s petrol stations giant Motor Fuel Group (MFG), Sky News reported on Saturday. The U.S.-based private equity firm is lining up advisers to work on a bid for MFG, the report said, citing unidentified sources close to

Miami-based brokerage Avenue Securities is planning to start trading cryptocurrencies next month, Bloomberg reported Thursday. Founded in 2008, SoftBank-backed (SFTBY) (SFTBF) Avenue

TOKYO: Tokyo stocks ended lower Friday as concerns over Ukraine gripped investors despite Washington''s announcement that Secretary of State Antony Blinken has accepted an invitation to meet his Russian counterpart. The benchmark Nikkei 225 index dropped 0.41 percent, or 110.80 points, to 27,122.07 while the broader Topix index lost 0.36 percent, or 6.93 points, to 1,924.31. The dollar stood at 115.17 yen in Asian trade, against 114.91 yen seen on Thursday in New York. Tracking falls on Wall Street, the Nikkei opened sharply lower amid continued uncertainty over the standoff in Ukraine. Tokyo stocks close lower on Ukraine fears But buybacks then took hold among investors on the news that Blinken has agreed to meet Russian foreign minister Sergei Lavrov next week, provided there is no invasion before then. The announcement "reassured the market that at the very least, there is unlikely to be any imminent invasion by Russia," Makoto Sengoku, senior equity market analyst at Tokai Tokyo Securities, told AFP. "The prospect of Washington-Moscow talks offered slight hopes of a resolution to the current crisis, and that kind of expectation likely helped narrow drops," Sengoku said.

SoftBank Vision Fund 2 led the investment round by infusing $200 million in Elasticrun while Naspers, Prosus, Goldman Sachs Assets Management and existing investors Chimera and Innoven jointly infused $130 million the rural market-focussed B2B firm at an enterprise valuation of around $1.5 billion

startup Digest brings you a recap of all the movers, shakers and headline-makers in this space.

In 2020, in the middle of the first Corona summer, the world of chips got out of joint. US chip giant Nvidia grabbed British chip design maker ARM, owned by Japanese investor Softbank. The ARM architecture powers the mobile world and the ARM processors are built into the iPhone and most Android devices. Apple switched from […] Der Beitrag The canceled ARM/Nvidia deal is a major victory for European Hermann Hauser erschien zuerst auf Trending Topics .

Jellysmack, a global creator company that works with some of the biggest content creators, including PewDiePie, Mr.Beast and Nas Daily, is expanding into the Indian market with the launch of its creator programme for Indian creators.The company, which uses a tech-driven approach and leverages deep data and AI capabilities to help creators distribute their content across multiple platforms like Facebook, Snapchat and YouTube, has already signed 21 Indian creators to start with, including Kanak’s Kitchen, Triggered Insaan, and Faisal Khan.The company plans to sign around 100 Indian content creators this year across segments that offer high potential for monetisation, including entertainment and comedy, food, gaming, sports, beauty and science tutorials."We intend to be the definitive global creator company and our expansion into global markets, including India, is in line with this vision," said Laurent Hulin, GM-APAC, Jellysmack.He told ET that India is a priority market for the company, and the company realises that to understand the local market and culture, they need a strong presence in the country. "We need to have local roots to understand the cultures of our potential partner creators to adapt our offers to their needs and desires," he said. "Today we have signed just 21 creators, and we have a proven technology solution for growing creators across social platforms that no one else has.