SoftBank Group Corp.

SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Tokyo.

Source: en.wikipedia.org

Top WeWork Exec Refutes Claim That Former CEO ‘Walked Away’ With $1B
Top WeWork Exec Refutes Claim That Former CEO ‘Walked Away’ With $1B
February 10, 2020  |  Business

Marcelo Claure, the executive chairman at embattled company WeWork, said in an interview that former CEO Adam Neumann didn’t leave the company with more than...

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SoftBank’s Vision Fund Sequel Fails To Meet Funding Goal
SoftBank’s Vision Fund Sequel Fails To Meet Funding Goal
February 07, 2020  |  Investments

SoftBank Group, which is behind the highly successful Vision Fund, is not going to meet its financing goal for its follow-up fund, Vision Fund 2,...

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Investor Interest Wanes In PropTech After WeWork Debacle
Investor Interest Wanes In PropTech After WeWork Debacle
February 07, 2020  |  Investments

The decline of WeWork over the last year has had ripple effects, depressing investor confidence in the entire brand of property technology (PropTech), to which WeWork...

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US SoftBank Exec Exiting Vision Fund
US SoftBank Exec Exiting Vision Fund
February 04, 2020  |  Personnel

Michael Ronen, a former Goldman Sachs banker who joined SoftBank in 2017, is leaving the conglomerate’s $100 billion Vision Fund over “issues,” the Financial Times reported...

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OYO Cuts Hotel Locations, Staffing After Quick Growth
OYO Cuts Hotel Locations, Staffing After Quick Growth
February 03, 2020  |  International

India-based hotel group OYO is slowing its ambitions to be the world’s largest chain within the next three years, following a backlash from investors and...

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Top News In Payments: Visa Logs 700M Direct Transactions; CFPB Sues Citizens Bank
Top News In Payments: Visa Logs 700M Direct Transactions; CFPB Sues Citizens Bank
January 31, 2020  |  News

In today’s top news, Visa reported positive first-quarter earnings, totaling 700 million Visa Direct transactions, and CFPB sued Citizens Bank for violating the Truth in...

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SoftBank Asked Uber And DoorDash To Discuss Merger
SoftBank Asked Uber And DoorDash To Discuss Merger
January 30, 2020  |  Delivery

The Financial Times is reporting that food delivery companies Uber and DoorDash met to talk about a potential merger about six months ago, at the...

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Monzo Courts SoftBank As Part Of £100M Capital Raise
Monzo Courts SoftBank As Part Of £100M Capital Raise
January 27, 2020  |  Investments

British banking unicorn Monzo is in talks with Japanese investment conglomerate SoftBank for financial assistance in its growth plans into the U.S. Monzo Co-founder Tom...

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SoftBank To Lead $125M Round For LATAM FinTech AlphaCredit
SoftBank To Lead $125M Round For LATAM FinTech AlphaCredit
January 26, 2020  |  Fintech Investments

Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. AlphaCredit is a FinTech platform...

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