SoftBank News

SoftBank - Latest news, stories and discussions from the press

SoftBank - Latest news

$12-bn Flipkart-Walmart deal: Investors expect to strike rich

Tiger Global’s reward for being one of the oldest investors in e-commerce giant Flipkart could be $4 billion. With Walmart Inc. being close to finalising a deal to buy a majority stake in the Benga...

7 hours
Walmart Close To Buying Flipkart In $12-Billion Deal: Report

SoftBank and Tiger Global own little more than 20 per cent each of Flipkart, Naspers holds nearly 13 per cent stake, Accel 6.4 per cent, while the Bansals own just over 5 per cent each of the compa...

21 hours
Amazon expects groceries and household goods to account for half its business in India: Report

Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as it moves to broaden offerings in the segment and foray into area...

a day
How SoftBank is steering e-commerce consolidation against Google, Amazon

Read more about How SoftBank is steering e-commerce consolidation against Google, Amazon on Business Standard. Softbank group, headed by Masayoshi Son is trying to consolidate the world's e-commerc...

a day
Uber ‘doubling down’ on investments in India after exit from SE Asia; to expand tech resources

New Delhi: Ride-hailing giant Uber Technologies Inc is “doubling down” on its investments in India, one of its biggest markets, after its recent exit from Southeast Asia, its chief operating office...

5 days
No interest in minority deals, we are in a position of strength: Uber COO

“It is like shorthand,” is how Barney Harford, COO, Uber, describes the understanding between him and the company’s chief executive Dara Khosrowshahi. Having known each other for almost two decades...

5 days

SoftBank Corp. is a Japanese telecommunications and Internet corporation, with operations in broadband, fixed-line telecommunications, e-commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses.