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SoftBank Has Bigger Reasons Than Beijing to Sell Alibaba A bet on China’s economy isn’t what it used to be, while the Japanese company needs cash. April 13, 2023 at 9:52 PM EDT ...
Softbank group CEO Masayoshi Son answers a question during a press conference to announce the company's financial results in Tokyo on August 7, 2019.
TOKYO— SoftBank Group Corp.s net profit dropped 40% in the latest quarter as the company said it is holding back on new investments in China while it sees how Beijing’s move to tame its ...
Much of the 30% drop in SoftBank Group shares over the last 12 months, though, bears Beijing’s fingerprints. And this dynamic is sure to follow Son’s market capitalization troubles into 2022.
SoftBank Group will cut investments in Chinese startups pending regulatory clarity, founder Masayoshi Son said. "We will remain cautious until we can judge how deep and far the regulations will go ...
TOKYO— SoftBank Group Corp.’s9984 2.88 % increase; green up pointing triangle Japanese mobile-phone unit made one of the country’s worst debuts after its nearly $24 billion initial public ...
TOKYO, March 30 (Reuters) - SoftBank Group (9984.T), opens new tab said on Thursday it would recognise a 359.6 billion yen ($2.7 billion) gain from the transfer of a stake in Alibaba Group ...
SoftBank Group Corp. is selling $2.1 billion of its stake in Uber Technologies Inc. in a block trade through Goldman Sachs, according to people familiar with the matter.
TOKYO, Dec 8 (Reuters) - SoftBank Group Corp (9984.T), opens new tab CEO Masayoshi Son's stake in the company has risen to 34% - a key threshold level that gives him more control. Son now owns 34. ...
The Shanghai Media Group, China's No. 2 broadcaster, and Japanese Internet company Softbank Group signed a strategic partnership on Monday, SMG sources told The Hollywood Reporter.