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#softbank

5 articles

Companies & Capital

Softbank Is Getting Out Of China

SoftBank is taking steps to reduce its remaining stake in Alibaba, limiting its exposure to the Chinese market and raising funds due to the declining value of its technology investments amidst the market downturn.

17 Oct 2023

Companies & Capital

Softbank To Charge Ahead

SoftBank Group's chairman and CEO, Masayoshi Son, announced on Wednesday that the Japanese investment firm is preparing to transition from a defensive stance to an offensive strategy,

26 Jun 2023

Companies & Capital

Berkshire Puts Its Cash To Work While Softbank Bleeds

Despite worries about slowing growth, Berkshire Hathaway's operating profits increased in the second quarter, but Warren Buffett's conglomerate was not immune to the general market turbulence.

08 Aug 2022

Companies & Capital

Venture Backed Startups Are Struggling

SoftBank Group and Tiger Global Management's subpar portfolio outcomes weights on technology companies and shows the excesses created by venture capital money as startups were forced to grow at any cost.

05 Jul 2022

Companies & Capital

SoftBank Is Cutting Its Alibaba Stake

SoftBank Group Corp is set to reduce its holding in Chinese e-commerce giant Alibaba, according to an analyst, as the Japanese tech titan focusses on unlisted companies and repurchases its shares. In the last quarter, SoftBank sold 20 million Alibaba shares and could sell even more shares in 2022.

02 Mar 2022

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