SoftBank Group Corp. 9984, -13.33% shares fell sharply Monday morning after the Japanese technology investment company posted disappointing second-quarter results and failed to announce additional share buybacks. The shares were Read more
Tag: SoftBank
Softbank discloses $100 million investment in FTX but mostly avoids crypto bets
SoftBank on Friday disclosed a $100 million venture capital investment in crypto broker FTX and said it would not face a material markdown in the value of it stake in Read more
SoftBank loses $500 million from THG disposal
Japanese investor SoftBank has taken a loss of around £450 million ($509 million) after selling its stake in British e-commerce company THG. SoftBank 9984, -0.22% sold its entire interest in Read more
SoftBank shares surge on plan to preserve cash by cutting Alibaba stake
SoftBank Group Corp. 9984, +6.87% shares rose sharply Friday following news that it will reduce its stake in Alibaba Group Holding Ltd., a move that preserves cash at the Japanese Read more