Softbank

WeWork prefers JPMorgan lifeline to rescue by SoftBank

NEW YORK • WeWork's bankers are pitching investors on what would be one of the riskiest junk debt offerings in recent years - potentially giving the co-working start-up giant's top private...

WeWork seen as startup lesson in what not to do in Silicon Valley

[SAN FRANCISCO] The implosion of office space company WeWork this week is being digested as a lesson for Silicon Valley startups - in what not to do.

WeWork presses on with IPO, pushing SoftBank into a corner

[TOKYO] Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group, with a...

SoftBank urges WeWork to shelve IPO over valuation concerns: FT

SOFTBANK Group, a leading shareholder in the holding company of US office-sharing startup WeWork, has urged it to shelve a planned IPO on concerns over the valuation, the Financial Times reported...

SoftBank pushes WeWork to postpone its contentious IPO

SAN FRANCISCO (BLOOMBERG) - Executives of WeWork and its largest investor, SoftBank, are discussing whether to shelve plans for an initial public offering (IPO) of the money-losing co-working...

SoftBank upends Latin American startups with billion-dollar deal binge

[SAO PAULO] SoftBank Group's Latin America foray, a multibillion-dollar deal spree that minted a wave of "unicorns" and upended the region's startup landscape, is just getting started.

Grab to invest US$2 billion in Indonesia through SoftBank capital over next five years

GRAB has committed to investing US$2 billion into Indonesia over five years, with capital invested by Japanese conglomerate SoftBank to speed up the country’s development of digital infrastructure...

SoftBank announces US$108b Vision Fund 2

[TOKYO] SoftBank Group Corp's founder Masayoshi Son launched a second Vision Fund, seeking to extend his reign as the world's most influential technology investor.

Grab takes in US$1.46b more to feed Super App ambition in SEA

RIDE-HAILING firm Grab has secured US$1.46 billion of fresh funding from the SoftBank Vision Fund, bringing the total investment in its latest ongoing financing round to over US$4.5 billion.

Grab considers raising more funds after US$4.5b financing round

[SINGAPORE] Grab is considering raising more funds from strategic investors, the president of South-east Asia's top ride-hailing firm said, after raking in over US$4.5 billion in the region's largest...

Japanese startup unveils 'affectionate' companion robot

JAPANESE startup Groove X, founded by an alumnus of SoftBank Group Corp's robotics unit, unveiled its first creation on Tuesday - a companion robot designed to make users happy.