SoftBank Vision Fund
General
Grapevine: Zomato eyes Grofers; Donna FMCG raises funding from CanQbate50
Food delivery and restaurant discovery platform Zomato is in talks to acquire grocery e-tailer Grofers, Entrackr first reported citing people ......
Finance
Fading Vision Fund to tip SoftBank into first loss in 15 years
SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen due to the worsening performance ......
Infrastructure
WeWork sues SoftBank for dropping $3 bn tender offer
A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday ......
Infrastructure
SoftBank scraps $3 bn deal for additional WeWork shares
Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with ......
TMT
SoftBank-backed Oyo sees signs of recovery in China after coronavirus outbreak
Oyo Hotels and Homes has started to see a recovery in bookings in China, its second-largest market, as the coronavirus ......
Finance
SoftBank to sell up to $41 bn assets to fund share buyback, cut debt
SoftBank Group Corp said on Monday it is selling or monetising up to 4.5 trillion yen ($41 billion) in assets ......
General
Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund
Online grocery major BigBasket is in talks to acquire micro-delivery startup Milkbasket and hyperlocal delivery startup DailyNinja, a media report ......
TMT
SoftBank Group's shares slump on scepticism over startup bets
SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalisation dipping below the value of ......
Finance
SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour
SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment ......
People
WeWork names former EY exec Shyam Gidumal new COO
Office-sharing startup WeWork on Thursday named a former Ernst & Young executive, Shyam Gidumal, as its new chief operating officer, ......
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