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Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank
SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…
Hasan Chowdhury
Meesho delists 52 lakh counterfeit, restricted products in six months
SoftBank-backed e-commerce firm Meesho has delisted nearly 42 lakh counterfeit and infringing produ…
PTI
Softbank chief says that those who don't adopt AI are 'goldfish' who will be 'left behind'
The Softbank founder believes that AI will surpass all human knowledge by 2030.
Tom Carter
Delhivery shares edge lower after SoftBank offloads 3.8% stake for ₹954 crore
Shares of logistics provider Delhivery were down 2% in morning trade on Thursday, a day after Japan…
Softbank is planning to invest in OpenAI, report says, after Masayoshi Son said he uses ChatGPT every day
Softbank is considering investing in OpenAI, after boss Masayoshi Son told Softbank shareholders he…
Tom Carter
SoftBank will cut investments in Chinese startups as it awaits more regulatory clarity
"Until the situation is clearer we want to wait and see," CEO Masayoshi Son said. "In a year or two…
Isabelle Lee
Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO
Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a we…
E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources
Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding…
PTI
SoftBank's Vision Fund posted a record $8 billion profit in the third quarter as its bets on DoorDash and Uber paid off
Booming markets - particularly for tech - helped SoftBank's Vision Fund bring in record 3rd-quarter…
Harry Robertson
The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion — a ten fold jump in 18 months
The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…
SoftBank Group reports massive $5.9 billion net loss amid global tech meltdown
There is no respite for SoftBank Group in the ongoing global tech meltdown as the Japanese investme…
FedEx makes its first strategic investment in India, puts $100 million in Delhivery’s kitty
FedEx Express has made a strategic investment of $100 million in Indian logistics startup Delhivery…
Facebook-backed Meesho raises $300 million from SoftBank Vision Fund 2 – valuation jumps to over $2 billion
The round also saw participation from Meesho’s existing investors Prosus Ventures, Facebook, Shu…
OYO's Singapore arm secures $200 million loan from SoftBank
Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.
Former Infosys CEO Vishal Sikka's company Vianai Systems raises $140 million led by SoftBank Vision Fund 2
Vianai said it will use new funds to accelerate the delivery of its human-centered AI platform a…
Digital payment firm Paytm gets a green signal from company's board to raise ₹22,000 crore via initial public offer
"The board of directors of Paytm has given in-principle approval for the mega IPO planned to …
PTI
SoftBank's $10 billion gain on the DoorDash IPO will offset the fund's WeWork 'disaster,' says a stock analyst
"Suddenly Masa goes from losing to being hero very quickly," David Gibson of Astris Advisory Japan …
Emily Graffeo
Unicorns and startups should prepare for a longer funding winter, says SoftBank's Masayoshi Son
Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and…
SoftBank CEO says he had a crisis that left him in tears for days and made him question his achievements
Masayoshi Son made the comments, which were reported by The Financial Times, during SoftBank's annu…
Beatrice Nolan
SoftBank piles $3.9 billion into surging market giants including Tesla, Netflix, and Amazon
SoftBank opened a $1.04 billion stake in Amazon, a $475 million position in Alphabet, and a $189 mi…