Tag: SoftBank

SoftBank’s Bet on Sharing Economy Backfires With Coronavirus

(Bloomberg) — Masayoshi Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices. But as the coronavirus curtails unnecessary human interaction, it’s hammering such businesses and rattling the foundations
— Read on ca.finance.yahoo.com/news/softbank-big-bet-sharing-economy-011440884.html

SoftBank Will Let People Invest in IPOs With Less Than $10

(Bloomberg) — SoftBank Corp.’s brokerage unit plans to do something that may be a first in capital markets. It will allow individuals in Japan to participate in initial public offerings with as little as a 1,000-yen note (worth a bit less than a 10-dollar bill).One Tap BUY Co., controlled by the wireless
— Read on ca.finance.yahoo.com/news/softbank-let-people-invest-ipos-000154479.html

SoftBank’s Profit Beat Shows Its Vision Fund Is Delivering

(Bloomberg) — Masayoshi Son can’t wait to wash his hands of Sprint Corp.SoftBank Group Corp. will stop consolidating the U.S. carrier in its results starting next earnings report, anticipating a successful merger with T-Mobile USA Inc. despite questions over the deal’s eventual closing. That accounting
— Read on ca.finance.yahoo.com/news/softbank-vision-fund-delivering-061239307.html