SoftBank Group Corp.

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

Source: en.wikipedia.org

SoftBank Could Invest $40B In New Indonesian Capital

SoftBank Could Invest $40B In New Indonesian Capital
SoftBank Could Invest $40B In New Indonesian Capital
January 17, 2020  |  Investments

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create...

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WeWork’s Lease Volume Dries Up After Botched IPO
WeWork’s Lease Volume Dries Up After Botched IPO
January 16, 2020  |  Investments

Shared workspace and real estate company WeWork only signed four new leases in Q4, a drop of 93 percent in leasing activity, after its failed...

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OYO Reduces Hotel Room Count, Begins Layoffs
OYO Reduces Hotel Room Count, Begins Layoffs
January 14, 2020  |  Retail

As it encounters pressure from SoftBank, its largest investor, to cut back on operating losses, budget hospitality company OYO is quickly scaling back. The firm...

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SoftBank To Invest In Indonesia’s Sustainable City
SoftBank To Invest In Indonesia’s Sustainable City
January 10, 2020  |  Investments

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on...

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SoftBank’s Vision Fund Startups See Spate Of Layoffs
SoftBank’s Vision Fund Startups See Spate Of Layoffs
January 10, 2020  |  Investments

As far as investments go, SoftBank’s Vision Fund’s recent bumps and bruises, and the state of many of its once high-flying holdings, bring to mind...

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Employees Claim OYO Uses Corrupt Practices To Boost Growth
Employees Claim OYO Uses Corrupt Practices To Boost Growth
January 03, 2020  |  International

The New York Times is reporting that OYO, a quickly growing hotel startup that aims to be the largest hotel chain in the world by...

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Top News in Payments: Visa, TD Partner For US-Canada Money Transfers; Japanese Lenders Hinder SoftBanks’ WeWork Bailout
Top News in Payments: Visa, TD Partner For US-Canada Money Transfers; Japanese Lenders Hinder SoftBanks’...
December 23, 2019  |  News

In today’s top payments news, Visa partners with TD Bank to provide real-time transfers for U.S. TD Bank account owners to their Canadian accounts. Also,...

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Japanese Lenders Hinder Softbank’s WeWork Bailout
Japanese Lenders Hinder Softbank’s WeWork Bailout
December 23, 2019  |  International

SoftBank’s negotiations with Japan’s three dominant lenders to procure $3 billion as part of a $9.5 billion WeWork bailout have been hindered by lending limits,...

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Goldman Leads $1.75B Line Of Credit For WeWork
Goldman Leads $1.75B Line Of Credit For WeWork
December 17, 2019  |  Investments

With conditions that clear up a trove of cash for WeWork, the office space and workplace solutions firm has received $1.75 billion in new financing in...

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