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Masayoshi Son
Startups, Entrepreneurs, Digital economy
SoftBank forecasts record losses as start-up bets backfire
“This is looking more and more like the perfect storm for SoftBank...The question is whether there is more to come.”
April 14, 2020
Startups, Entrepreneurs, Digital economy
Masayoshi Son's bankers are worried about their favourite client
(Dec 16): Masayoshi Son’s Japanese bankers are taking a hard look at their most important client.
December 16, 2019
Company in the news
SoftBank falls as Son says business as usual after record loss
SINGAPORE (Nov 11): Masayoshi Son wants investors to believe that a record loss from investments in money-losing start-ups WeWork and Uber Technologies is but a bump in the road. Some are not buying it.
November 08, 2019
Company in the news
Son desperately needs that second US$100 bil
SINGAPORE (Nov 11): SoftBank Group Corp chairman Masayoshi Son is in the kind of pickle that even Jamie Dimon cannot get him out of.
November 08, 2019
Startups, Entrepreneurs, Digital economy
SoftBank reveals US$6.5 billion loss from Uber, WeWork turmoil
(Nov 6): Masayoshi Son is finally disclosing the damage from SoftBank Group Corp’s bets on WeWork and Uber Technologies Inc.
November 06, 2019
Disruption and Digitalisation
SoftBank to invest US$2 bil through Grab to grow Indonesia's digital infrastructure
(July 29): SoftBank will invest the US$2 billion ($2.7 billion) over five years through Grab to help accelerate the development of Indonesia’s digital infrastructure.
July 29, 2019
Tech
Klook concludes US$425 mil series D funding with SoftBank-led round
SINGAPORE (April 9): Klook, the Hong Kong-based travel booking platform today announced the completion of its US$425 million ($575.3 million) series D funding after it raised over US$225 million in a series D+ round.
April 09, 2019
M&A
Swiss Re in talks to sell stake to SoftBank; deal said worth US$10 bil
TOKYO (Feb 8): Swiss Re said it is in preliminary talks to sell a minority stake to SoftBank Group - a deal that reportedly could be worth US$10 billion ($13.3 billion) or more, in what would be the Japanese firm's biggest financial services deal to d
February 08, 2018
Tech
The Son rises once more
SINGAPORE (Nov 24): In February 2000, Masayoshi Son briefly became the richest man in the world, overtaking Microsoft co-founder Bill Gates.
November 24, 2017
Update
Grab gets US$2 bil from SoftBank, Didi to fight Uber in Asia
(July 24): Grab raised US$2 billion ($2.7 billion) from Didi Chuxing and SoftBank Group Corp. in the largest–ever venture fundraising in Southeast Asia, joining forces with two companies instrumental in driving Uber Technologies Inc. out of China.
July 24, 2017