SoftBank’s quarterly profit dropped 99 percent to ¥2.59 billion (£18.2 million) following steep Vision Fund losses, according to multiple reports on Wednesday (Feb. 12). The Vision...
For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the...
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,...
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...
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...
As far as investments go, SoftBank’s Vision Fund’s recent bumps and bruises, and the state of many of its once high-flying holdings, bring to mind...
There are so many canine metaphors to use here. It was the investment that went to the dogs. It’s been rough sledding for Wag. This...
Alibaba’s Jack Ma warned SoftBank’s Masayoshi Son that having too much money can lead to a “lot of mistakes.” “You don’t make mistakes when you...
Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6), its first quarterly drop-off in 14 years and far larger than analysts’ estimates, Bloomberg...