News

SoftBank Has Bigger Reasons Than Beijing to Sell Alibaba A bet on China’s economy isn’t what it used to be, while the Japanese company needs cash. April 13, 2023 at 9:52 PM EDT ...
SoftBank Group Corp. is moving to sell more of its stake in Chinese internet giant Alibaba Group Holding Ltd., ... Early China backers head for exits as Beijing tightens grip SoftBank Group CEO ...
Softbank group CEO Masayoshi Son answers a question during a press conference to announce the company's financial results in Tokyo on August 7, 2019.
Much of the 30% drop in SoftBank Group shares over the last 12 months, though, bears Beijing’s fingerprints. And this dynamic is sure to follow Son’s market capitalization troubles into 2022.
TOKYO— SoftBank Group Corp.s net profit dropped 40% in the latest quarter as the company said it is holding back on new investments in China while it sees how Beijing’s move to tame its ...
SoftBank Group Corp., one of the biggest foreign investors in China, plans to take a more cautious approach to backing the country’s startups but will continue to cut deals, according to Chief ...
SoftBank Group will cut investments in Chinese startups pending regulatory clarity, founder Masayoshi Son said. "We will remain cautious until we can judge how deep and far the regulations will go ...
Shares of SoftBank Group’s Japanese mobile-phone unit closed nearly 15% below the initial offering price as ... Chinese telecom giant Huawei has long caused tension between Washington and Beijing.
TOKYO, Dec 8 (Reuters) - SoftBank Group Corp (9984.T), opens new tab CEO Masayoshi Son's stake in the company has risen to 34% - a key threshold level that gives him more control. Son now owns 34. ...
The Shanghai Media Group, China's No. 2 broadcaster, and Japanese Internet company Softbank Group signed a strategic partnership on Monday, SMG sources told The Hollywood Reporter.
As British chip designer Arm prepares to raise about $5 billion in an initial public offering (IPO) on Thursday, its China business has become a serious point of concern. The SoftBank-owned firm ...