Tag - vision-fund

 
 

VISION FUND

Japan Times
BUSINESS / Companies
Apr 19, 2019
SoftBank, Toyota and Denso invest $1 billion to pump up Uber's self-driving unit ahead of IPO
The bet by the three-way Japanese consortium gives Advanced Technologies Group a valuation of $7.25 billion on the eve of its public offering.
Japan Times
BUSINESS / Tech
Apr 18, 2019
'Shooting for big game': Softbank's push for transport dominance
SoftBank Group Corp. leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc. turn into more than $13 billion when the company goes public next month.
Japan Times
BUSINESS / Companies
Apr 4, 2019
SoftBank to seek $15 billion more for huge Saudi-backed Vision Fund
For SoftBank Group Corp., $100 billion (¥11 trillion) isn't enough. The conglomerate, which has reshaped the technology startup landscape with its Saudi-backed Vision Fund, is in talks with investors to add as much as $15 billion more to its already massive fund, according to people familiar with the...
Japan Times
JAPAN / History / Heisei Icons
Feb 7, 2019
Masayoshi Son: Betting big and winning
There's a well-known anecdote about Masayoshi Son, the maverick billionaire founder and chief executive of SoftBank Group Corp. and the man behind the world's largest technology investment fund.
Japan Times
BUSINESS / Companies
Feb 4, 2019
SoftBank's giant debt burden looks worse than it actually is, analysts say
As SoftBank Group Corp. continues its transformation into a giant investment fund, some analysts are increasingly watching a metric more familiar to lenders as they judge its creditworthiness. And by that gauge, they say, its massive debt pile looks manageable.
Japan Times
BUSINESS / Companies
Jan 9, 2019
WeWork's backers and staff can cash out in $2 billion SoftBank deal
WeWork Cos. will let investors and employees sell shares to SoftBank Group Corp. as part of the conglomerate's $2 billion investment in the real estate and coworking startup, the companies said Tuesday. WeWork also announced that it would be rebranding itself as The We Company, though it hasn't legally...
Japan Times
BUSINESS
Nov 22, 2018
SoftBank to invest $2 billion in Coupang, S. Korea's largest online retailer
SoftBank Group Corp.'s Vision Fund will invest $2 billion in South Korea's Coupang, giving the e-commerce giant funds to accelerate development of new shopping and delivery services.
Japan Times
BUSINESS / Companies
Nov 14, 2018
SoftBank commits another $3 billion to WeWork
SoftBank Group Corp. is continuing to push money into one of its biggest investments: WeWork Cos.
Japan Times
BUSINESS / Companies
Oct 23, 2018
SoftBank CEO Masayoshi Son won't speak at Saudi investment conference: source
SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, a person close to the matter told Reuters.
Japan Times
BUSINESS / Companies
Oct 16, 2018
Amid Japan's changing work-style landscape, office space provider WeWork grows at a dizzying pace
The seven-story tower with a glass exterior near Tokyo's trendy Omotesando district serves not just as a co-working space with computers and free Wi-Fi. There is also a pantry, a bar counter and a spacious lounge where you can drink freshly roasted coffee and beer on tap free of charge. There is even...
Japan Times
BUSINESS / Companies
Oct 10, 2018
SoftBank considering purchase of majority stake in WeWork: source
The co-working startup is raising additional capital to accelerate its expansion, according to a source, in a deal that could total $15 billion to $20 billion.
Japan Times
BUSINESS / Companies
Jul 12, 2018
U.S. hedge fund Tiger Global, calling SoftBank undervalued, takes $1 billion stake
U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp. as it considers the Japanese firm to be undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent.
Japan Times
BUSINESS
Mar 28, 2018
SoftBank Vision Fund and Saudi Arabia to create world's largest solar power firm
SoftBank Group Corp.'s Vision Fund will invest in a solar-power generation company in Saudi Arabia, creating the world's biggest solar producer, as it steps up its involvement in the kingdom, its chief executive said Tuesday.
BUSINESS / Companies
Feb 28, 2018
SoftBank thinks tech investors should enjoy its deal spree
The venture capital community has been fretting about the impact SoftBank Group Corp.'s giant tech fund has on deal prices. The Japanese company says to be grateful.
Japan Times
BUSINESS / Companies
Dec 11, 2017
SoftBank's Son remains confident over Saudi investment in Vision Fund amid crackdown
Billionaire Masayoshi Son may be getting closer to achieving his dream of making SoftBank Group Corp. the world's biggest investor in technologies, thanks in part to the main patron of Son's $100 billion (¥11.3 trillion) investment plan — Saudi Arabia's Crown Prince Mohammed bin Salman.
Japan Times
BUSINESS / Companies
Nov 16, 2017
SoftBank seen planning up to $25 billion in Saudi investments, including at new city Neom
SoftBank Group Corp. plans to invest as much as $25 billion in Saudi Arabia over the next three to four years deepening investment ties with the kingdom, according to reports.
Japan Times
BUSINESS / Companies
Aug 2, 2017
SoftBank Vision Fund reportedly may invest $2 billion in top Indian e-commerce operator Flipkart
SoftBank Vision Fund, the technology investor founded by Masayoshi Son, is in talks to invest directly in India's Flipkart Online Services Pvt. Ltd., according to people familiar with the matter, after talks to fold SoftBank-backed Snapdeal into Flipkart fell apart.
Japan Times
BUSINESS / Companies
Jul 12, 2017
Son's SoftBank Vision Fund lures Michael Ronen away From Goldman Sachs
Michael Ronen, Goldman Sachs Group Inc.'s co-chief operating officer of the global technology, media and telecommunications group, is leaving the firm to join Masayoshi Son's planned $100 billion SoftBank Vision Fund.
Japan Times
BUSINESS / Companies
Jun 2, 2017
SoftBank in talks with Canada, Mideast firms to raise $7 billion for tech fund
SoftBank Group is in discussions with potential investors in Canada and the Middle East to raise $7 billion of additional capital for its technology fund, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
May 22, 2017
SoftBank's Son chases boyhood dreams with $100 billion fund
When Masayoshi Son was a boy growing up in Kyushu, he kept a notebook to scribble down inventions he hoped to create one day. Today, the SoftBank founder has almost $100 billion to invest in making the next big thing a reality.

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