SoftBank suffers $5.2 billion loss from WeWork bankruptcy
SoftBank Group announced a quarterly loss of $5.2 billion on Thursday, marking its fourth […]
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Arm IPO Debut: Shares jump 25%, valuing SoftBank-owned chip designer at $65 billion, up $10 billion
After a series of setbacks, SoftBank finally had a major win. The Japanese tech […]
SoftBank’s Arm to make Nasdaq debut as biggest US IPO since 2021, valuing the chip design startup at $54.5 billion
The wait is over. After many months of anticipation, the blockbuster initial public offering […]
SoftBank backs Stack AV, a new autonomous trucking startup founded by former Argo AI founders
They’re back! Bryan Salesky, Peter Rander, and Brett Browning, the founders and the brains […]
SoftBank targets over $50 billion valuation for its ARM’s IPO
Late last month, we wrote about Arm Holdings Ltd. after the SoftBank-owned chip designer […]
SoftBank-owned chip design startup Arm files blockbuster IPO valued between $60 billion and $70 billion
Arm, a SoftBank-owned chip designer, has formally filed its paperwork for an initial public […]
SoftBank-owned British chip design startup Arm eyes September IPO valued at around $70 billion
In March, there were reports that Arm Ltd, a British chip design firm owned […]
Tractable raises $65 million in funding led by SoftBank to assess insurance claims using AI
Artificial intelligence (AI) startups continue to attract significant investment, as investors see the potential […]
World Mobile Appoints Ex-SoftBank India Head Manoj Kohli as Advisor
World Mobile, a decentralized wireless network operator, announced today the appointment of Manoj Kohli […]
SoftBank to invest $150M in Black and Latino startups; rebrands its second fund to Open Opportunity Fund
In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a […]
SoftBank posts record $32 billion loss at its Vision Fund venture arm, just 6 months after it reported a $50B loss
SoftBank, the Japanese conglomerate that was once considered a high-flyer with billions in profit, […]
SoftBank-backed Indian tech startup Oyo to cut IPO size by two-thirds as tech valuations plunge
Amid the ongoing headwinds in the tech space, SoftBank-backed Indian hospitality startup Oyo is […]
SoftBank to lay off 30% of its global workforce after losing $50 billion in just 6 months
In early August, Japanese giant SoftBank reported its biggest loss ever, posted a $23.4 billion […]
SoftBank plans to invest $35 million in Indian car service and repair tech startup GoMechanic
Last month, SoftBank reported its biggest ever loss, posting a $21.6 billion in just three […]
China’s B2C e-commerce tech startup Dianxiaomi raises $110 million led by SoftBank, Sequoia
Chinese business-to-customer cross-border eCommerce startup Dianxiaomi has raised $110 million in a Series D funding round […]
SoftBank reports its biggest ever loss, posts a $21.6 billion in quarterly loss
Softbank reports its biggest loss ever, posted a $23.4 billion in quarterly loss as […]
Softbank-backed Brazilian giftback platform CRM&BONUS acquires social media sales startup Zipper for $4.7 million
CRM&BONUS, a Softbank-backed Brazilian giftback platform, announced today it has acquired social media sales […]
SoftBank bets on Web 3, leads a $70 million investment in a decentralized blockchain tech startup bloXroute
When software developer Uri Klarman moved from Israel to the United States to pursue his […]
HR tech startup Remote reaches a unicorn status at nearly $3 billion after a $300M funding led by SoftBank
Human resources tech startup Remote announced Tuesday it has raised $300 million in a […]
Online grocery delivery tech startup Weee! raises a massive $425 million funding led by SoftBank
Weee!, an online grocery delivery tech startup that specializes in Hispanic and Asian foods, […]