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Japan’s Nikkei Stock Index Surges to an All-Time High Credit: Wibbitz Top Stories Duration: 01:30Published | |
New Saudi investment firm teams up with SoftBank and Chinese Dahua Technology Credit: euronews (in English) Duration: 04:02Published | |
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Ola Electric IPO to be first by auto company in 20 yearsOla Electric is set to launch its IPO, making it the first auto maker in India to do so in over two decades. With an expected size of around Rs 8,500 crore, it will be one of the top 15 IPOs in India...IndiaTimes - Published | |
Whatfix Listed as Highest-Ranking DAP on 2023 Deloitte Technology Fast 500™ North America for Third Consecutive YearWhatfix, the global leader in digital adoption platforms (DAP), today announced it has ranked as the 286th Fastest-Growing Company in North America with a growth rate of 473% on the 2023 Deloitte..NewsVoir - Published | |
Tokyo shares fall on Middle East worriesTokyo stocks opened lower on fears of the Middle East crisis worsening. The benchmark Nikkei 225 index fell 0.47 percent, while the broader Topix index slipped 0.35 percent. Weak corporate earnings..IndiaTimes - Published | |
Meet daughter-in-law of Indian businessman with Rs 62,360 crore net worth, investor-turned-founder; her business is...She did her MBA from the Wharton School of the University of Pennsylvania, following which she became an investor. She was soon recruited by SoftBank.DNA - Published | |
Whatfix Positioned as a Leader (Fourth Consecutive Year) and a Star Performer in Everest Group Digital Adoption Platform (DAP) PEAK Matrix Assessment 2023Whatfix, the global leader in digital adoption platforms, today announced that it has been named a Leader for the fourth consecutive year and a Star Performer for the second time (for demonstrating the..NewsVoir - Published | |
Meesho takes plunge into branded businessMeesho, backed by SoftBank, is expanding into the branded segment of ecommerce, allowing users to buy products from national and regional brands like Decathlon, Philips, and Bajaj. This move aims to..IndiaTimes - Published | |
SoftBank Explores Investing In OpenAI After Bumper Arm IPO: ReportArm’s IPO is reportedly set to expand SoftBank’s war chest to as much as $65 billion. According to the report, SoftBank is also looking at making substantial investments in direct rivals of the..Zee News - Published | |
SoftBank's Arm soars nearly 25% in market debut to $65 billion valuationShares in SoftBank's Arm Holdings surged nearly 25% above their Nasdaq debut price, signaling a potential turnaround in the IPO market. Arm's strong performance suggests that investor demand for IPOs..IndiaTimes - Published | |
SoftBank-backed arm prices IPO at $51 a shareArm Holdings has priced its IPO at the top end of its range, raising $4.87 billion in the largest listing of the year. The chip designer, owned by SoftBank, sold 95.5 million American depositary shares..IndiaTimes - Published | |
Arm’s IPO orders are already oversubscribed by 10 timesArm Holdings' initial public offering (IPO) is already 10 times oversubscribed, with bankers planning to stop taking orders by Tuesday afternoon. The IPO, controlled by SoftBank, will close its order..IndiaTimes - Published | |
Softbank Likely To Fully Exit Zomato In Coming MonthsAccording to sources, SoftBank has around 2.18 per cent remaining stake in Zomato which it is likely to sell via block deals.Zee News - Published | |
SoftBank likely sold 10 cr shares in Zomato for Rs 947 cr, stock upnewKerala.com - Published | |
SoftBank to sell over 1% in Zomato for Rs 940 crore todayIndiaTimes - Published | Food delivery firm Swiggy restarts IPO plans, aims for 2024 listingSwiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to assess its valuation, after halting the process for months due to weak..IndiaTimes - Published |
Softbank-owned chip design company Arm set for year's biggest IPOnewKerala.com - Published | Once worth $47 billion, WeWork shares near zero after bankruptcy warningShares of SoftBank-backed WeWork closed 38.5% lower at 12 cents on 8 September, which brought its valuation down to roughly $260m. The ongoing problems for WeWork and the warnings of bankruptcy are a..IndiaTimes - Published |
Indian E-Commerce Startup Meesho Reports First-Ever Profit In July With 43% Growth In OrdersBengaluru-based Meesho was founded in 2015 by Vidit Aatrey and Sanjeev Barnwal. It is backed by Masayoshi Son’s Softbank. The startup was in losses since the inception.Zee News - Published | SoftBank’s Arm targets $60 billion-plus value for September IPOArm Ltd, the semiconductor unit of SoftBank Group Corp, is targeting an initial public offering (IPO) at a valuation of $60bn to $70bn in September. Arm executives reportedly may still be seeking a..IndiaTimes - Published |
'Walmart buys out $1.4 billionTiger Global stake in Flipkart'The transaction brings the value of the e-commerce firm to $35 billion from nearly $38 billion after it sold its shares to Japan's SoftBank, US retailer Walmart and other investors in 2021, the report..IndiaTimes - Published | SoftBank-backed Paytm posts narrower loss after winning usersIndiaTimes - Published |
SoftBank-backed company, once valued at Rs 9590 crore, shutting down after probe reveals shocking dataIRL CEO Abraham Shafi had claimed that the app had 20 million monthly active users.DNA - Published | How A Ghaziabad-Born Engineer Becomes A `Rising Star`, Earning 35 Lakh Daily, Net Worth 8500 CroresIIT Alumni Nikesh Arora: During his two years as the CEO of Softbank's operations, Nikesh Arora was paid more than $200 million. With this salary, he became the highest-paid executive in the entire..Zee News - Published |
Japan's Nikkei closes at 32-year high as US default fears easeJapanese stocks reached a three-decade high, with the Nikkei index up 1.21% to close at 31,384.93 points, and the Topix rising 1.55% to 2,182.70 points. The rise comes after the US government lifted..IndiaTimes - Published | MediaTek to use ARM’s new mobile chip tech in its next-gen smartphone processorsSoftBank Group Corp owned chip designer Arm on Monday rolled out new technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc said it will be using it for its next-generation..BGR India - Published |
'Ola Electric aims for IPO by 2023-end, hires Goldman, Kotak'Ola Electric, an electric scooter producer and backed by investors including SoftBank and Tiger Global Management, plans to launch an initial public offering (IPO) and list on a stock market by the end..IndiaTimes - Published | Whatfix Launches Enterprise Insights and AI Features, Reimagines the Future Of AI-Driven Digital Adoption Platforms (DAP)Whatfix, the global digital adoption platforms (DAP) leader, announced the launch of its new product, Enterprise Insights. Continuing its rapid innovation, Whatfix is evolving its Product Analytics..NewsVoir - Published |
SoftBank CEO Masayoshi Son attends wedding reception of OYO founder Ritesh Agarwal, pictures go viralSoftBank CEO attends OYO founder's wedding reception, his company being OYO's biggest investor.DNA - Published | Meet Masayoshi Son, Ola, Oyo, Lenskart, PayTM investor who once lost 70 billion dollarsWho is Masayoshi Son? In the early 2000, he was the richest man in the world. The Softbank founder, however, lost the coveted tag.DNA - Published |
First photos: OYO founder Ritesh Agarwal ties knot with Geetansha Sood, pictures go viralRitesh Agarwal marriage: Softbank boss Masayoshi Son also attended the OYO founder's wedding in Delhi.DNA - Published | Whatfix Launches Product Analytics, Building on 2022 SuccessWhatfix, the global digital adoption platform (DAP) market leader, today announced its recently launched new product line Product Analytics, which enables organizations to track, visualize, and analyze..NewsVoir - Published |
SoftBank to sell USD 215 mn worth stake in Paytm as lock-in ends: ReportsnewKerala.com - Published | PayTm's parent firm One97 Communication shares tumble by 10% post Softbank announcement -- Details InsideJapan-based Softbank has started the process to sell a 4.5 per cent stake in the company in a block deal.Zee News - Published |
Paytm plunges 10% as Softbank unit seeks to cut stakeThe lock-up period on $4.3 billion worth of Paytm shares expired on Tuesday, freeing investors to sell shares after they endured a year in which the company shed more than $12 billion of market value.IndiaTimes - Published | SoftBank to sell up to $215 million stake in PaytmSoftBank had a 17.5% stake in the digital payments and fintech company, as of September 30. The stock is being sold in a range of 555 rupees to 601.45 rupees per share, the term sheet said.IndiaTimes - Published |
SoftBank to sell 4.5% Paytm stake worth Rs1,750crJapanese private equity major SoftBank, one of the early backers of payment solutions pioneer Paytm, is selling 2.9 crore (4.5% stake) shares of the company for Rs 555-601 apiece.IndiaTimes - Published | SoftBank writes off USD 100 mn investment in bankrupt crypto exchange FTXnewKerala.com - Published |
Whatfix Named a Leader in Digital Adoption Platforms Report by Top Independent Research FirmWhatfix has been named a Leader in the first ever Forrester New Wave™: Digital Adoption Platforms, Q4 2022. In the Forrester report, Whatfix is positioned with the highest score in the strategy..NewsVoir - Published | Softbank-backed health unicorn Cerebral laying off 400 peoplenewKerala.com - Published Also reported by •Zee News |
Whatfix Strengthens its Focus on APAC Growth with Key Executive HiresWhatfix, the digital adoption platforms (DAP) leader, today announced three strategic hires to drive growth in the APAC region. Raj Sundarason joins as the Leader for Asia Pacific and Japan, Sameer..NewsVoir - Published | IPO-bound OYO market valuation falls after big investor Softbank's markdown; Check detailsThe company, which had last year in October filed preliminary papers with Sebi to raise Rs 8,430 crore through an initial share-sale, also posted an "adjusted EBITDA" of Rs 7.27 crore in the quarter..Zee News - Published |
SoftBank to trim 30pc of workforce at loss-making Vision Fund: ReportnewKerala.com - Published | Japanese conglomerate SoftBank to lay off 30% staff globally: ReportThe layoff move comes after SoftBank’s subsidiary the Vision Fund suffered a record $50 billion loss in the six months through June. SoftBank CEO Masayoshi Son’s faced huge losses in some of his..Zee News - Published |
Whatfix Recognized in 2022 Gartner Market Guide for Digital Adoption Platforms*Whatfix*, the global leader in the digital adoption platforms (DAP) space, has been recognized in the 2022 Gartner Market Guide for Digital Adoption Platforms 2022^[1]. *Per Gartner*,..NewsVoir - Published | Major blow for Oyo ahead of IPO, Softbank slashes valuation by over 20%Oyo filed a fresh round of financial documents with India's market regulator as it plans for a stock market debut after cost cuts.DNA - Published |
SoftBank cuts valuation of IPO-bound Oyo to $2.7 billionSoftBank Group has slashed the valuation of Oyo Hotels on its books by more than 20% as once high-flying startup prepares for an initial public offering, people familiar with the matter said.IndiaTimes - Published | Ride-hailing firm Ola to cut 10% engineering jobsOla will cut about 200 engineering jobs to reduce redundancy across its two main businesses of ride-hailing and electric vehicle manufacturing, the SoftBank Group-backed company said on Monday. The..IndiaTimes - Published |
SoftBank plans $35 million bet on GoMechanic: ReportInvestment industry executives say SoftBank has started taking a more measured approach to its investments after a global tech routIndiaTimes - Published | SoftBank's Rajeev Misra quits as corporate officerIndiaTimes - Published |