Softbank Group Stock News

TOKYO: Japanese shares closed higher amid choppy trade on Wednesday, marking a rebound from three straight sessions of sharp losses, although uncertainties over the impact of the Omicron coronavirus variant capped gains. The Nikkei share average ended 0.41% higher at 27,935.62, after gaining as much as 1%. The broader Topix also reversed early losses to gain 0.44% at 1,936.74. The Nikkei lost 5.7% in the last three sessions, while the Topix declined 4.8%. The market is volatile as investors are reacting cautiously to the uncertainties of the Omicron variant, after the country confirmed its first case of the variant on Tuesday, a day after closing its borders to all foreigners in one of the world''s toughest precautionary measures. Markets also gave up some gains after US Federal Reserve Chair Jerome Powell overnight came close to indicating that the central bank will speed up the pace of its bond-buying taper at a meeting later this month. "The market outlook became unclear after Powell''s testimony," said Kazuharu Konishi, head of equities at Mitsubishi UFJ Kokusai Asset Management.

TOKYO: Japanese shares rose on Wednesday after three straight sessions of sharp losses, with paper and pulp, shipping and auto stocks leading the rebound, although uncertainties over the impact of the Omicron coronavirus variant weighed on market sentiment. The Nikkei share average rose 0.8% to 28,040.35 by 0153 GMT after declining 0.8% earlier in the session. The broader Topix also reversed early losses to gain 0.62% to 1,940.43. The Nikkei lost 5.7% in the last three sessions, while the Topix declined 4.8%. The market is volatile as investors are reacting cautiously to the uncertainties of the Omicron variant, said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities. "But once we find out what the new Omicron variant is, investors would calm down even if it proves to be a strong enemy," he said. The economy-sensitive paper and pulp and shipping sectors rose the most among the bourse''s 33 industry sub-indexes. Robot maker Fanuc and air-conditioning maker Daikin Industries contributed the most to the Nikkei''s gain, rising 4.7% and 3.8%, respectively.

South Koreas metaverse ecosystem Zepeto has received an influx of investment from Japanese multinational conglomerate Softbank via the groups Vision Fund 2, the Wall Street Journal reported Tuesday. In total, Softbank has invested a whopping $150 million into the subsidiary of South Koreas leading tech company Naver Corporation, taking Zepetos valuation to reach unicorn status, [] The post Zepeto reaches $1B valuation after Softbanks $150M investment appeared first on Our Bitcoin News .

South Korean internet giant Naver on Wednesday laid out its strategies to enter the global market with its latest metaverse technology that allows hyperconnection between the real world and virtual reality. We have recently joined hands with

Digital mortgage lender Better.com, which announced in March that it was going public via a SPAC, is getting a cash infusion from its backers sooner than expected. Blank-check company Aurora Acquisition Corp. and SoftBank have decided to amend the terms of their financing agreement to provide Better with half of the $1.5 billion they committed []

Digital mortgage lender Better.com, which announced in March that it was going public via a SPAC, is getting a cash infusion from its backers sooner than expected. Blank-check company Aurora Acquisition Corp. and SoftBank have decided to amend the terms of their financing agreement to provide Better with half of the $1.5 billion they committed []

Better HoldCo, Inc. (Better or the Company), one of the fastest-growing digital homeownership platforms in the world, and Aurora Acquisition Corp.

RIO DE JANEIRO, BRAZIL - The institution also announced a substantial list - compatible with the glamour it already has in its investor base - of anchors for the offering, which guaranteed at least US$1.3 billion for the operation, equivalent to R$7.3 billion. In this list are Sequoia, Tiger, Softbank, Baillie Gifford (which besides Nubank [] The post Brazils Nubank slashes IPO price by 20% and may be worth only US$40 billion appeared first on The Rio Times .

Softbank held a 35.67% stake in Snapdeal as of 31 March 2020, while founders Bahl and Bansal hold around 19%.

SoftBank looks to expand its metaverse investment portfolio by funding popular female-centric app Zepeto, at a billion-dollar valuation.

Highlights Decentralands virtual piece of land has recently sold for millions of dollars The Sandbox has drawn the attention of major players like SoftBank and Adidas Virtual real estate rush is dwarfing the inflation that has seeped into the actual world real estate sector Call it FOMO, or Facebooks metaverse move, or anything else you want, but the metaverse -NFT combo is ruling the crypto universe. Two recent developments confirm this fact. Adidas yes, the sportswear giant has purchased land in the virtual reality world of The Sandbox, a blockchain-based fantasy game. Second, people who have bought some virtual assets like gas stations and banks in the virtual reality space of Polka City are making a fortune out of their assets. Though it is true that the high valuation of digital assets like NFTs and metaverse real estate is a subject-matter of hot debates, lets at least know a little about five projects in this space. Also read : 5 breakout altcoins with metaverse underpinning 1.

Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by Prosus Ventures, the venture firm majority-owned by Naspers, and EDBI. Participants included SoftBank Corp.-owned Japanese tech conglomerate Z Holdings. Returning investors included UBS, Singtel Innov8 []

Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by Prosus Ventures, the venture firm majority-owned by Naspers, and EDBI. Participants included SoftBank Corp.-owned Japanese tech conglomerate Z Holdings. Returning investors included UBS, Singtel Innov8 []

The $3.5 million funding round included SoftBank and DeFiance Capital.