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Wednesday, October 23, 2019

Tag: Vision Fund

If SoftBank won’t invest in Japan, why should you?

With few appealing options in Japan, no wonder the likes of Masayoshi Son choose to take their venture-capital dollars elsewhere.

SoftBank plans US$5.5 bil buyback with telecom IPO proceeds

The sum represents a massive 10% of issued shares aimed at improving finances and shareholder returns.

SoftBank’s Vision Fund nearing US$1.5 billion investment in SE Asia’s Grab

SoftBank is expected to finalise its investment in Grab this month.

SoftBank posts eight-fold jump in first-half net profit

Net profit rose to 840 billion yen (US$7.4 billion) from 103 billion yen during the same period last year, the Japanese mobile giant and IT investor said.

SoftBank is said to lead $3 billion-plus round in Alibaba Ele.me

The investment will come from the SoftBank Vision Fund, created to channel investments into some of the world’s most influential companies in an effort to stake out a dominant position in future technologies.

SoftBank Mobile seeking US$30 billion IPO

Son has begun turning SoftBank into a giant investment portfolio with money injected into ride-hailing to co-working spaces while offloading mobile assets.

SoftBank fund seeking to invest in Chinese AI giant SenseTime

A 4-year-old startup, SenseTime makes systems that analyse faces and images on a huge scale and contributes to China’s vast surveillance system.

SoftBank’s Son says Japan is “stupid” for not allowing ride-sharing

The Japanese government outlaws non-professional drivers from transporting paying customers on safety grounds.

Tiger Global holds $1 billion SoftBank stake

Tiger Global puts SoftBank’s total asset value at US$278 billion, and its net asset value at US$190 billion