Posts Tagged ‘SoftBank Group Corp’

SoftBank slump reaches RM66.7b on Uber

By BLOOMBERG
TOKYO • In the months leading up to Uber Technologies Inc’s market debut, Masayoshi Son (picture) made a habit of pointing out ...

SoftBank’s market cap slides RM38b on Uber

TOKYO • Last Thursday, as his company booked a US$3.8 billion (RM15.85 billion) gain from its stake in Uber Technologies Inc, Masayoshi Son told SoftBank ...

Wirecard boosts profit forecast on payment growth

By BLOOMBERG
BERLIN • Wirecard AG raised its earnings forecast for the year after first-quarter (1Q) profit jumped on growing transactions, suggesting ...

Masayoshi Son finds an easy way to make RM4.1b a year

by SHULI REN
Masayoshi Son is a very clever man. SoftBank Group Corp, his giant Japanese conglomerate, is in talks with investors to add as much as ...

Uber is said to near sale of RM4b self-driving stake

By BLOOMBERG
SAN FRANCISCO • Uber Technologies Inc is in advanced discussions to sell a US$1 billion (RM4.09 billion) stake in its costly self-driving ...

Singapore’s Grab raises RM6.2b from SoftBank fund

By BLOOMBERG
SINGAPORE • Leading South-East Asian ride-hailing provider Grab raised about US$1.5 billion (RM6.15 billion) from SoftBank Group Corp’s ...

With RM3.7t in cash, Japan M&A set for ‘biggest year ever’

Japanese firms outmuscle China as they announce more than 1,000 offshore M&As totalling a record RM787b last year
By BLOOMBERG ...

Behind Uber, Lyft’s big US IPOs are 2 Japanese firms

By BLOOMBERG
SAN FRANCISCO • As private companies, Uber Technologies Inc and Lyft Inc became markets unto themselves, where investors poured in capital ...

Factory worker’s son builds RM29b start-up in Indonesia

SINGAPORE • PT Tokopedia, Indonesia’s largest online marketplace, has become the country’s most valuable start-up after raising US$1 billion (RM4.2 ...

Ping An plans IPO of health tech unit

By BLOOMBERG
HONG KONG • Ping An Insurance Group Co of China Ltd, China’s biggest insurer by market value, is planning a Hong Kong initial public ...

Japan victory over mobile carriers triggers RM142.1b rout

By BLOOMBERG
TOKYO • NTT Docomo Inc led a ¥3.8 trillion (RM142.12 billion) stock rout of Japan’s top three mobile carriers after it appeared to cave in ...

Tencent, SoftBank all-male boards spur call for change in Asia

As issues related to corporate governance and women’s empowerment have gained more attention,
global investors increasingly are focusing on the ...