• Thu, 07 Mar 2019 01:00
    Grab secures $1.5 bn funding
    SOUTHEAST Asian ride-hailing firm Grab said it had secured $1.5 billion (Bt48 billion) in fresh financing from a fund run by Japan’s SoftBank and will use a significant portion of it to expand in Indonesia.
  • Tue, 05 Feb 2019 01:00
    Reinvented Softbank launches new all-Asia fund for AI startups
    SOFTBANK Ventures Asia, which recently renamed itself to reflect its broadened focus on startups in the Asia-Pacific region beyond South Korea, will form a new investment fund dedicated to artificial intelligence startups in Asia with “globally disruptive” products and services this year.
  • Wed, 19 Dec 2018 08:16
    Softbank shares open below IPO price of 1,500 yen
    Shares in SoftBank's mobile unit opened below its IPO price on Wednesday as the Japanese telecoms giant disappointed on its debut on the Tokyo stock market.
    Breaking News
  • Mon, 12 Nov 2018 15:01
    SoftBank unveils massive $21 bn IPO of Japan mobile unit
    Telecoms giant SoftBank will list shares in its Japanese mobile unit next month in a sale that could raise over $21 billion and be one of the biggest tech IPOs in years.
  • Mon, 05 Nov 2018 15:03
    SoftBank boss condemns Khashoggi murder, but won't end ties
    The head of Japanese firm SoftBank on Monday condemned the killing of Saudi journalist Jamal Khashoggi, but indicated he would continue to do business with Saudi Arabia.
    Breaking News
  • Mon, 05 Nov 2018 14:39
    SoftBank posts eight-fold jump in first-half net profit
    Japan's SoftBank Group said Monday it logged an eight-fold jump in net profit in the six months to September thanks to strong returns from its investment funds.
  • Thu, 04 Oct 2018 14:16
    Toyota, Softbank unveil tie-up, eye autonomous vehicle services
    Japanese car giant Toyota and conglomerate Softbank on Thursday announced they would create a joint venture to provide "new mobility services" including autonomous vehicles for services such as meal deliveries.
    Breaking News
  • Sun, 23 Sep 2018 13:07
    SoftBank deleted 10.3 million emails in error
    TOKYO - SoftBank Corp. has mistakenly deleted about 10.3 million emails that were supposed to be sent to about 4.36 million users of its mobile phones, the carrier announced on Friday.
  • Mon, 15 Jan 2018 09:32
    Japan's SoftBank Group soars on listing reports
    Shares in Japan's SoftBank Group soared six percent Monday on reports it could list its mobile unit, raising up to $18 billion in one of the country's biggest public offerings.
    Breaking News
  • Fri, 29 Dec 2017 09:41
    SoftBank seals deal for large Uber stake, trimming valuation
    Uber and SoftBank announced a deal Thursday allowing the Japanese tech titan to take a large stake in the US ridesharing giant, making a hefty cut in the valuation of the biggest venture-backed startup.
  • Tue, 14 Nov 2017 09:25
    Japan's SoftBank: 'No final agreement' on Uber
    Japanese tech giant SoftBank Tuesday said there was "no final agreement" on an investment in Uber and warned it could pull out of a potential deal if the terms were unsatisfactory.
    Breaking News
  • Mon, 13 Nov 2017 10:15
    Uber announces deal to sell stake to Japan's SoftBank
    Ride-sharing company Uber on Sunday announced it had entered into a deal that will allow Japan's SoftBank to acquire a stake in the firm.
    Breaking News
  • Mon, 13 Nov 2017 07:38
    Uber clears the way for SoftBank investment: report
    Former Uber CEO Travis Kalanick and an influential investor in the ride-sharing company have resolved a feud that will clear the path for Japan's SoftBank to acquire a stake in the firm, the Wall Street Journal reported Sunday.
    Breaking News
  • Sun, 15 Oct 2017 22:39
    Kyobo hires robot to recommend books
    Pepper, developed by SoftBank Robotics Corp. of Japan, is able to detect emotions and give different book recommendations according to readers.
  • Wed, 04 Oct 2017 10:29
    Uber board trims power of former chief Kalanick
    SAN FRANCISCO - Uber's board of directors Tuesday approved a plan that reins in the influence of ousted chief executive Travis Kalanick and opens the door to a colossal investment by Japanese telecommunications giant SoftBank.
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