Articles about Masayoshi Son

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.

Here comes your daily roundup of business news.

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

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.

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.

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.

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

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.

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.

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

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.

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

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.

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

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

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

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.

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.

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

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.