SoftBank Group Corp.

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

Source: en.wikipedia.org

WeWork Says New Business Model Will Drive Profits By 2023

WeWork Says New Business Model Will Drive Profits By 2023
WeWork Says New Business Model Will Drive Profits By 2023
November 22, 2019  |  Real Estate

In a staff presentation, new WeWork Chairman Marcelo Claure tore up the old business model of the company and promised the group would move away from taking...

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SoftBank Leads $140M Investment In eComm Company VTEX
SoftBank Leads $140M Investment In eComm Company VTEX
November 22, 2019  |  Investments

VTEX, an eCommerce company that has helped companies like Walmart sell online, has raised $140 million in a funding round led by SoftBank’s Latin American...

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WeWork Begins Layoffs Of 20 Pct. Of Workforce
WeWork Begins Layoffs Of 20 Pct. Of Workforce
November 21, 2019  |  Personnel

Co-working office space company WeWork is slashing its worldwide workforce by 20 percent – a total of 2,400 employees – as it strives to revamp...

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SoftBank To Hold 50 Pct. Of Yahoo Japan/LINE JV
SoftBank To Hold 50 Pct. Of Yahoo Japan/LINE JV
November 18, 2019  |  Partnerships / Acquisitions

SoftBank’s Yahoo! Japan is merging with Naver Corp’s Japanese messaging app LINE in a deal that will give each company a 50 percent stake, The...

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Top Payments News: DoorDash Bolsters Its Treasure Chest; Policymakers Target Big Tech Over Data; Feds Probe Debit Card Practices
Top Payments News: DoorDash Bolsters Its Treasure Chest; Policymakers Target Big Tech Over Data; Feds...
November 14, 2019  |  News

In today’s top news, DoorDash keeps growing and Visa and Mastercard face big questions over their debit card programs. And investors seek late-stage investments. Get...

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Investors Raise Billions To Invest In Later-Stage Companies
Investors Raise Billions To Invest In Later-Stage Companies
November 14, 2019  |  Investments

Later-stage tech startups are getting cash infusions from big investors eager to make deals, The Financial Times (FT) reported on Wednesday (Nov. 13). Get the...

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LINE App, Yahoo Japan Plan Merger
LINE App, Yahoo Japan Plan Merger
November 13, 2019  |  Partnerships / Acquisitions

Yahoo site operators in Japan and messaging app LINE are looking to merge into a “super app” that would combine retail, finance and a slew...

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Uber Loses Ground In Latin America To Competitor Didi Chuxing
Uber Loses Ground In Latin America To Competitor Didi Chuxing
November 11, 2019  |  International

Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters...

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Lawsuit Targets WeWork For Lost Value After Pulled IPO
Lawsuit Targets WeWork For Lost Value After Pulled IPO
November 10, 2019  |  Legal

A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor,...

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