SoftBank
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SoftBank sells another 2% stake in Paytm, offloads Rs 3,800 cr worth shares in FY24
New Delhi: Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm’s parent company, One97 Communications, over the last month through open market operations, a media report said…
- Business
SoftBank reportedly selling stake worth $150 mn in logistics firm Delhivery
New Delhi: Japanese investment giant SoftBank is going to sell its stake worth $150 million in logistics firm Delhivery, media reported on Thursday. According to Moneycontrol, citing sources, SoftBank is likely to…
- Business
Softbank sells 1.09 pc stake in Zomato worth Rs 1,040 crore
New Delhi: Japanese conglomerate Softbank on Friday divested a 1.09 per cent stake in online food delivery platform Zomato for Rs 1,040 crore through an open market transaction. Softbank through its affiliate…
- Business
US-based Invesco raises Swiggy’s valuation to USD 7.8 billion
New Delhi: In some cheers for Swiggy that is facing tough competition from Zomato, US-based investment company Invesco has increased the food delivery platform’s valuation to about $7.85 billion, the media reported…
- Business
SoftBank likely to fully exit Zomato in coming months
New Delhi: Japanese investment giant SoftBank, which sold nearly 10 crore shares in Zomato, amounting to an 1.17 per cent of the company’s equity, is planning to fully exit the online food…
- Business
SoftBank likely sold 10 cr shares in Zomato for Rs 947 cr, stock up
New Delhi: Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of the company’s equity, changed hands on Wednesday at a total deal value of…
- Business
SoftBank may sell 1.17% stake in Zomato via block deal: Report
New Delhi: Japanese company SoftBank Vision Fund (SVF Global) is looking to sell off 1.17 per cent stake in food delivery giant Zomato, according to a media report on Tuesday. The stake…
- Business
SoftBank Vision Fund loses massive $32 bn as tech startups bleed
New Delhi: Japanese investment giant SoftBank has posted a record $32 billion loss at its Vision Fund for the fiscal year that ended in March 2023, as funding winter continues amid global…
- Technology
British chip giant to raise USD 10 billion in biggest stock market listing this year
London: British microchip designing giant Arm has filed to sell its shares in the US, setting the stage for what could be the biggest stock market listing this year. The Cambridge-based firm…
- Business
SoftBank to trim 30% of workforce at loss-making Vision Fund: Report
Tokyo: Battered by heavy losses, Masayoshi Son-run SoftBank is laying off at least 30 per cent of employees at its loss-making Vision Fund, a media report said on Thursday. Bloomberg reported that…
- Technology
SoftBank posts massive $23.4 bn net loss, 2nd straight quarter in red
Tokyo: Japanese investment major SoftBank Group on Monday posted a huge $23.4 billion loss in the April-June quarter, as tech stocks continued to get hammered in the economic downturn. The Masayoshi Son-led…