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Ola Electric Counted Yet-to-Be Launched E-Motorbikes in Its February Sales
Ola told India’s Ministry of Road Transport and Highways in a March 21 letter that it added customer bookings for 10,866 third-generation e-scooters as well as 1,395 Roadster X motorcycles in its February sales record, citing them as “confirmed orders.” Roadster motorcycles have not been rolled out so far, while third-gen scooter deliveries b...
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Softbank-Owned Chip Firm Arm Reveals Filing for Blockbuster US IPO: Details
SoftBank Group Corp's Arm Holdings Ltd reported a 1 percent fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year.
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SoftBank Overseas Business Chief Michel Combes Exits in Latest Churn
Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes who leaves after just six months in the role.
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Hyundai Motor To Buy Robot Maker Boston Dynamics From SoftBank
Hyundai Motor Group units and its chairman have agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank Group Corp for around 800 billion to 900 billion won ($736 million-$828 million), a person familiar with the matter told Reuters on Friday.
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SoftBank Said to Have Held Talks on Taking the Group Private
SoftBank Group Corp executives have held early stage talks about taking the Japanese technology group private as the company seeks a new strategy after disposing of several large assets, according to a person familiar with the matter.
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Samsung Denies Interest in Arm Holdings Stake
Samsung Electronics on Tuesday denied a media report that it is considering buying a small stake in SoftBank Group Corp's chip company Arm Holdings.
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SoftBank's Masayoshi Son Hopes 'Winged Unicorns' Can Save Crumbling Tech Empire
SoftBank Group Corp CEO Masayoshi Son on Monday pinned his hopes on a small group of "winged unicorns" to save the performance of his $100 billion Vision Fund - although he gave few clues on which ones they would be.
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How OYO Landed In Real Problems Due To SoftBank's Dramatic Overreach
Last March, months before the meltdown at WeWork, Masayoshi Son worked through the prospects for another one of his favorite portfolio companies -- a startup from India called OYO.
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SoftBank Group Corp Keen To Invest In Andhra's EV Industry
SoftBank Group Corp of Japan has evinced interest to invest in the electric vehicles industry in Andhra Pradesh, an official statement said.
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SoftBank Said to Mull IPO of $100 Billion Vision Fund
Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said.
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SoftBank, Toyota In Talks To Invest $1 Billion In Uber's Self-Driving Unit: Sources
A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies Inc's self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar with the talks.
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China To Execute Driver Who Killed Passenger Of Ride-Hailing Firm Didi
A Chinese court on Friday sentenced a man to death for raping and killing a female passenger of ride-hailing company Didi Chuxing last year, while he was employed as a driver.
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Car Rental Company Fair Raises $385 Million In Softbank-Led Funding Round
Car leasing startup Fair raised $385 million in its latest funding round led by SoftBank Group Corp on Thursday, and said it would use part of the proceeds to expand its partnership with Uber Technologies Inc.
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SoftBank Telecom IPO Said to See Strong Demand Despite Huawei, Network Disruption
Domestic investors have sought nearly double the number of shares offered by SoftBank Group Corp's soon-to-list wireless unit.
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Singapore-Based Ride-Hailing Firm Grab Said to Have Invested $100 Million in Oyo
The investment by Grab is part of the $1 billion fund raise OYO announced in September in a bid to grow its business in India and China.
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Ola Electric Counted Yet-to-Be Launched E-Motorbikes in Its February Sales
Ola told India’s Ministry of Road Transport and Highways in a March 21 letter that it added customer bookings for 10,866 third-generation e-scooters as well as 1,395 Roadster X motorcycles in its February sales record, citing them as “confirmed orders.” Roadster motorcycles have not been rolled out so far, while third-gen scooter deliveries b...
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Softbank-Owned Chip Firm Arm Reveals Filing for Blockbuster US IPO: Details
SoftBank Group Corp's Arm Holdings Ltd reported a 1 percent fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year.
-
SoftBank Overseas Business Chief Michel Combes Exits in Latest Churn
Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes who leaves after just six months in the role.
-
Hyundai Motor To Buy Robot Maker Boston Dynamics From SoftBank
Hyundai Motor Group units and its chairman have agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank Group Corp for around 800 billion to 900 billion won ($736 million-$828 million), a person familiar with the matter told Reuters on Friday.
-
SoftBank Said to Have Held Talks on Taking the Group Private
SoftBank Group Corp executives have held early stage talks about taking the Japanese technology group private as the company seeks a new strategy after disposing of several large assets, according to a person familiar with the matter.
-
Samsung Denies Interest in Arm Holdings Stake
Samsung Electronics on Tuesday denied a media report that it is considering buying a small stake in SoftBank Group Corp's chip company Arm Holdings.
-
SoftBank's Masayoshi Son Hopes 'Winged Unicorns' Can Save Crumbling Tech Empire
SoftBank Group Corp CEO Masayoshi Son on Monday pinned his hopes on a small group of "winged unicorns" to save the performance of his $100 billion Vision Fund - although he gave few clues on which ones they would be.
-
How OYO Landed In Real Problems Due To SoftBank's Dramatic Overreach
Last March, months before the meltdown at WeWork, Masayoshi Son worked through the prospects for another one of his favorite portfolio companies -- a startup from India called OYO.
-
SoftBank Group Corp Keen To Invest In Andhra's EV Industry
SoftBank Group Corp of Japan has evinced interest to invest in the electric vehicles industry in Andhra Pradesh, an official statement said.
-
SoftBank Said to Mull IPO of $100 Billion Vision Fund
Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said.
-
SoftBank, Toyota In Talks To Invest $1 Billion In Uber's Self-Driving Unit: Sources
A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies Inc's self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar with the talks.
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China To Execute Driver Who Killed Passenger Of Ride-Hailing Firm Didi
A Chinese court on Friday sentenced a man to death for raping and killing a female passenger of ride-hailing company Didi Chuxing last year, while he was employed as a driver.
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Car Rental Company Fair Raises $385 Million In Softbank-Led Funding Round
Car leasing startup Fair raised $385 million in its latest funding round led by SoftBank Group Corp on Thursday, and said it would use part of the proceeds to expand its partnership with Uber Technologies Inc.
-
SoftBank Telecom IPO Said to See Strong Demand Despite Huawei, Network Disruption
Domestic investors have sought nearly double the number of shares offered by SoftBank Group Corp's soon-to-list wireless unit.
-
Singapore-Based Ride-Hailing Firm Grab Said to Have Invested $100 Million in Oyo
The investment by Grab is part of the $1 billion fund raise OYO announced in September in a bid to grow its business in India and China.
