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…
Representatives of SoftBank Group Corp 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 o
Widely regarded as the jewel in the crown of the U.K. tech sector, Arm employs employs around 6,400 people worldwide.
Arm Ltd, the SoftBank Group Corp unit preparing for an initial public offering, will cut as much as 15 per cent of its workforce, part of an effort to rein in spending and focus on fewer projects.The British company will shed 12 per cent to 15 per cent of staff in the UK and the US, chief executive officer Rene Haas said in a memo to staff, according to a person familiar with the matter. The high end of that range would involve close to 1,000 jobs, but most of the cuts won’t affect engineers,…
SoftBank, a Japanese conglomerate, has an uncapped, evergreen fund made explicitly to back Black, Latinx and Native American entrepreneurs in the US.
SoftBank, a Japanese conglomerate, announced today that it has an uncapped, evergreen fund made explicitly to back Black, Latinx and Native American entrepreneurs within the United States. The commitment is a continuation of SoftBank’s $100 million Opportunity Growth Fund for underrepresented founders, which first launched in June 2020 in the “wake of increased racial justice.” […]
SoftBank, a Japanese conglomerate, announced today that it has an uncapped, evergreen fund made explicitly to back Black, Latinx and Native American entrepreneurs within the United States. The commitm

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
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE