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Tag: softbank

China’s Didi to Delist from NYSE Less Than 6 Months After its IPO
December 3, 2021 Sophia Vida
Company News

China’s Didi to Delist from NYSE Less Than 6 Months After its IPO

Chinese ride hailing company Didi announced this week that it will begin delisting from the New York Stock Exchange and has plans to list in Hong Kong instead. The move comes less than 6 months after the company’s IPO in the U.S. Shares of Didi have plunged 44% since its IPO on June 30, and … Continue reading “China’s Didi to Delist from NYSE Less Than 6 Months After its IPO”

SoftBank is Investing $500M into Better.com
Featured

SoftBank is Investing $500M into Better.com

Wall Street learned this week that SoftBank's latest investment is going to be $500 million…

April 9, 2021 Sophia Vida
Delivery Start-up GoPuff Now Has a Staggering $8.9B Valuation
Company News

Delivery Start-up GoPuff Now Has a Staggering $8.9B Valuation

GoPuff, the delivery start-up company that is being backed by SoftBank, has a valuation of…

March 24, 2021 Sophia Vida
Under Proposed Settlement SoftBank to Buy About 25% of Adam Neumann’s Stake in WeWork
Company News

Under Proposed Settlement SoftBank to Buy About 25% of Adam Neumann’s Stake in WeWork

Wall Street has learned that WeWork Co-founder Adam Neumann and SoftBank Group Corp. are nearing…

February 23, 2021 Sophia Vida
Softbank is Selling Arm Holdings to Nvidia for $40B
Hot Stocks

Softbank is Selling Arm Holdings to Nvidia for $40B

According to an announcement made over the weekend from both SoftBank and Nvidia, the former…

September 15, 2020 Sophia Vida
SoftBank is Planning to Sell Up to $21B of T-Mobile Stock
Hot Stocks

SoftBank is Planning to Sell Up to $21B of T-Mobile Stock

In an announcement on Monday, telecom giant SoftBank announced that it is planning to sell…

June 22, 2020 Sophia Vida
WeWork Directors are Working Hard to Be Able to Sue Softbank

WeWork Directors are Working Hard to Be Able to Sue Softbank

A special committee of WeWork board members have filed a motion on Monday that would…

May 11, 2020 Sophia Vida
SoftBanks Pulls $3 Billion Tender Offer for WeWork Shares

SoftBanks Pulls $3 Billion Tender Offer for WeWork Shares

SoftBank announced this week that it has terminated its $3 billion tender offer for WeWork…

April 3, 2020 Sophia Vida
SoftBank Allowed OneWeb to File for Bankruptcy
Company News

SoftBank Allowed OneWeb to File for Bankruptcy

As the largest shareholder of internet satellite company OneWeb, SoftBank had been the one to…

March 30, 2020 Sophia Vida
This is How Much WeWork Lost in Q3

This is How Much WeWork Lost in Q3

Struggling commercial real estate company WeWork has informed investors this week that it has lost…

November 14, 2019 Sophia Vida
SoftBank Reports Huge Vision Fund Loss

SoftBank Reports Huge Vision Fund Loss

According to Softbank's CEO Masayoshi Son, his investment judgement was poor after the company revealed…

November 7, 2019 Sophia Vida
Softbank Could Soon Be Taking Control of Struggling Startup WeWork

Softbank Could Soon Be Taking Control of Struggling Startup WeWork

WeWork, which was once expected to be a Sillicon Valley darling on Wall Street, may…

October 22, 2019 Sophia Vida
SoftBank Is Reportedly Asking WeWork to Shelve its IPO For This Reason

SoftBank Is Reportedly Asking WeWork to Shelve its IPO For This Reason

SoftBank, which is the biggest outside investor of co-working company WeWork, is urging the startup…

September 10, 2019 Sophia Vida
SoftBank Launches a Huge Fund to Invest into Artificial Intelligence

SoftBank Launches a Huge Fund to Invest into Artificial Intelligence

Japanese multinational conglomerate holding company SoftBank has launched a new $108 billion fund to invest…

July 29, 2019 Sophia Vida

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