Articles about Masayoshi Son

OYO looking to raise $1bn, valuation might cross $4bn

16 Aug 2018

OYO looking to raise $1bn, valuation might cross $4bn

It seems that budget hotel network OYO Rooms is getting ready for yet another round of funding, and is reportedly looking to raise an amount between $500mn to $1bn.

Business Roundup: Here are today's top 5 Business news

04 Jun 2018

Business Roundup: Here are today's top 5 Business news

Here comes your daily roundup of business news.

The Flipkart dream: Move aside, make room for nerds

09 May 2018

The Flipkart dream: Move aside, make room for nerds

When as a child you were told by your parents to chase the IIT dream, they were not wrong.

Uber exits South-East Asia, selling its operations to rival Grab

26 Mar 2018

Uber exits South-East Asia, selling its operations to rival Grab

After exiting China and Russia, Uber Inc. is now selling its South-East Asia operations including ride-share and food delivery business to regional rival Grab.

Uber-SoftBank deal in trouble? Could invest in Lyft, says SoftBank-CEO

06 Nov 2017

Uber-SoftBank deal in trouble? Could invest in Lyft, says SoftBank-CEO

At a time when SoftBank's investment in Uber is expected to be finalized, the Japanese conglomerate has hinted it could still change its mind over the costly deal.

Workspace start-up WeWork gets massive $4.4 billion from SoftBank

25 Aug 2017

Workspace start-up WeWork gets massive $4.4 billion from SoftBank

WeWork, the New York start-up which helped pioneer the concept of shared office spaces and associated services, has now won the vote of confidence from two huge investment groups along with hefty $4.4 billion investment.

SoftBank buys stake in Flipkart, becomes its largest shareholder

10 Aug 2017

SoftBank buys stake in Flipkart, becomes its largest shareholder

Flipkart just announced that it has received a mix of primary and secondary capital from the SoftBank Vision Fund.

Paytm founder Vijay Shekhar's new Lutyens' zone acquisition

07 Jun 2017

Paytm founder Vijay Shekhar's new Lutyens' zone acquisition

Paytm founder Vijay Shekhar Sharma has a new property: 6,000-sq-ft residential premises worth Rs. 82cr at New Delhi's coveted Lutyens' zone, one of India's most expensive locations.

SoftBank's $100b fund is seeking investors for the remaining $7b

06 Jun 2017

SoftBank's $100b fund is seeking investors for the remaining $7b

According to reports, Masayoshi Son-led SoftBank Group Corp is now in talks with the Canadian and Middle Eastern investors to raise the $7 billion, which is needed to complete the $100 billion SoftBank Vision Fund.

SoftBank writes down investments in Ola, Snapdeal by $1.41 billion

10 May 2017

SoftBank writes down investments in Ola, Snapdeal by $1.41 billion

Japanese investor SoftBank said it wrote down its investment valuation in Snapdeal and Ola by $1.41 billion. It has written down investments in Snapdeal by $1.01 billion and $400 million in Ola.

SoftBank's tryst with India's start-up scenario

20 Apr 2017

SoftBank's tryst with India's start-up scenario

SoftBank may have tasted failure with Snapdeal but it still believes in making a profit with its Indian investments.

Paytm: Sale in two-wheeler category crosses Rs. 100cr

06 Apr 2017

Paytm: Sale in two-wheeler category crosses Rs. 100cr

Paytm's e-commerce platform Paytm Mall has crossed sales figures of Rs. 100 crore in the two-wheeler category, with over 3x quarter-on-quarter growth in the number of automobiles sold.

Paytm goes global: Paytm Canada

16 Mar 2017

Paytm goes global: Paytm Canada

Sources stated that Paytm has gone global, and has started Paytm Canada, to facilitate online bill payments in Canada.

Taiwan's Foxconn and Japan's SoftBank tie-up for US expansion

26 Feb 2017

Taiwan's Foxconn and Japan's SoftBank tie-up for US expansion

Japan's SoftBank Group and Taiwan's Foxconn would start operating a joint venture together, deepening ties between two of Asia's biggest technology firms for expansion into the United States.

Paytm to expand its travel-business after selling 10 million tickets

13 Feb 2017

Paytm to expand its travel-business after selling 10 million tickets

Online payments and e-commerce marketplace, Paytm revealed its annual Gross Merchandise Volume (GMV) to be over $500 million (approximately Rs. 3,342 crore).

Ola's valuation marked down by 40%

03 Feb 2017

Ola's valuation marked down by 40%

Vanguard Group, an investment firm based in the United States, slashed the valuation of its stake in Ola.

SoftBank chief pumps $1 billion into space start-up

20 Dec 2016

SoftBank chief pumps $1 billion into space start-up

SoftBank's chief executive Masayoshi Son has invested $1.2 billion into the satellite broadband start-up OneWeb, according to reports.

Paytm growing faster than expected

09 Dec 2016

Paytm growing faster than expected

Paytm just announced the new 'App Password' feature for its android application; the feature allows users to lock their app using a PIN/password/biometrics to ensure account safety even if the phone is stolen.

SoftBank writes-off $555 million across Ola, Snapdeal investments

08 Nov 2016

SoftBank writes-off $555 million across Ola, Snapdeal investments

In the wake of India's online start-ups eyeing fresh funding, SoftBank's quarterly results reflected a decline in its returns from investments in start-ups like Ola Cabs and Snapdeal.

SoftBank looking to fund tech-focused ventures

22 Oct 2016

SoftBank looking to fund tech-focused ventures

Japan's SoftBank Group, in partnership with Saudi Arabia's public investment fund, recently announced a global technology fund of $100 billion.

SoftBank putting together a mammoth tech investment fund

16 Oct 2016

SoftBank putting together a mammoth tech investment fund

Japan's SoftBank Group announced setting-up of a fund to invest as much as $100 billion in technology focused ventures, over the next five years.