SoftBank Group reported an annual net loss of over $7.2 billion on Thursday after a bruising year for the tech startup sector in which it is heavily invested.
SoftBank Group logs $7.2 billion full-year loss on tech woes
https://news.yahoo.com/softbank-group-logs-7-2-081101007.htmlWeb results:
From telecommunications operator to strategic holding company. The SoftBank Group is implementing the Cluster of No.1 Strategy, a unique strategy for orchestrating the organization, building a group of companies engaged in diverse businesses in the information and technology field.
SoftBank Group Corp. (ソフトバンクグループ株式会社, SofutoBanku Gurūpu Kabushiki gaisha) is a Japanese multinational investment holding company headquartered in Minato, Tokyo which focuses on investment management.
For nearly 40 years, SoftBank Group has anticipated the major technological forces shaping our lives. With long-term value in mind, we back the companies that are driving major changes in the lives of billions of people around the globe—today, and in the future.
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Market heavyweight SoftBank Group is edging up 0.5 percent and Uniqlo operator Fast Retailing is gaining more than 1 percent. Among automakers, Toyota is gaining more than 1 percent, while Honda...
Ola Electric last raised $200 million at a $5 billion valuation from a host of investors in January 2022. The valuation in the fresh round can be anywhere between $5 billion and $6 billion, according to sources. Interestingly, Softbank, the biggest investor at Ola Electric holding 22%, is unlikely to participate in the new round.
SoftBank Group International Investment Management San Carlos, California 24,446 followers We invest in the people and innovations creating a better, more efficient and more enjoyable tomorrow.
Yahoo Japan is a subsidiary of Z Holdings Corp., which is part of A Holdings Corp., a Japanese joint venture between Naver and SoftBank Group Corp. Naver is known to be in close discussion with SoftBank about the plan.