SoftBank Group Corp.

SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Tokyo.

Source: en.wikipedia.org

SoftBank CEO Says WeWork Investment Was ‘Foolish’

SoftBank CEO Says WeWork Investment Was ‘Foolish’
SoftBank CEO Says WeWork Investment Was ‘Foolish’
May 18, 2020  |  Investments

It’s not often that a CEO publicly admits they made a blunder, but that’s just what SoftBank Founder and CEO Masayoshi Son did Monday (May...

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Today In Payments: Grubhub Says No Deal, But Negotiations Continue; SoftBank Posts $18B Loss As Jack Ma Exits Board
Today In Payments: Grubhub Says No Deal, But Negotiations Continue; SoftBank Posts $18B Loss As...
May 18, 2020  |  News

In today’s top news, Grubhub says “no deal” to Uber, but negotiations continue. Meanwhile, SoftBank posts $18 billion in losses after Jack Ma resigns, and...

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SoftBank Posts $18B Loss As Jack Ma Exits Board
SoftBank Posts $18B Loss As Jack Ma Exits Board
May 18, 2020  |  Investments

Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the...

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SoftBank Envisions Fewer Food Delivery Rivals Amid Digital Shift
SoftBank Envisions Fewer Food Delivery Rivals Amid Digital Shift
May 13, 2020  |  Delivery

The food delivery market may have fewer platforms competing for diners in many places, with reports emerging that ride-hailing firm Uber Technologies Inc. was in...

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WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
May 05, 2020  |  Legal

WeWork Co-founder Adam Neumann has launched a legal battle with his company’s biggest investor, SoftBank Group Corp., charging that it has wrongfully reneged on a...

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SoftBank’s Struggling Vision Fund On Track To Lose $16.5B
SoftBank’s Struggling Vision Fund On Track To Lose $16.5B
April 13, 2020  |  Investments

SoftBank Group Corp. is forecasting that its $100 billion Vision Fund will lose $16.5 billion in the financial year ending March 31, which means the...

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WeWork Files Suit Against SoftBank For Withdrawing $3B Offer
WeWork Files Suit Against SoftBank For Withdrawing $3B Offer
April 07, 2020  |  Legal

WeWork is not taking SoftBank Group Corp.’s withdrawal of its $3 billion offer lying down. Get the Full Story Complete the form to unlock this...

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Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For Default Ruling For Alleged Ponzi Scheme Founder
Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For...
April 05, 2020  |  Bitcoin

OneConnect Financial Technology and China Merchants Port Group (CMPort) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area....

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Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
April 02, 2020  |  News

In today’s top news, Apple will end its practice of taking a commission from streaming platforms operating on its devices, and Softbank pulled out of...

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