Softbank Japan
- All
- News
- Videos
-
Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
-
Apple, Samsung, Nvidia and Intel to Invest in SoftBank Group-Owned Chip Firm Arm at IPO: Report
Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday. Reuters reported in June that Arm was in talks with some ten companies - including Apple, Samsung and Intel - with the aim of bringing on one or more anchor in...
-
Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents
Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incenti...
-
Ant Group, SoftBank Seek To Sell Paytm Stake Through Block Deal: Report
China's Ant Group and Japan's SoftBank Group Corp have discussed selling stake in One 97 Communications, which operates Indian digital payments firm Paytm, through a block deal, the Economic Times newspaper reported today.
-
Alibaba Group Sells Remaining Stake in Paytm Worth Rs. 1,378 Crore
China's Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through a block deal, stock exchange data showed on Friday. The exit comes days after Paytm posted its first-ever quarterly operating profit as a listed firm, nine months ahead of its own target.
-
Rapidus Project Gains Japanese Government Backing Ahead of Goal to Mass Produce Advanced Chips by 2027
Rapidus, a new project to develop and make next-generation microchips, has gained the backing of the Japanese government. Japan will pour half a billion dollars into the Rapidus project, which reportedly comprises eight major companies including Sony, SoftBank, Toyota and telecoms giant NTT. The next-generation chip development project aims to deve...
-
SoftBank, JP Morgan Connect 10 IPO-Driven Unicorns With Mutual Funds: Report
Japan's SoftBank Investment Advisers and US-based JP Morgan hosted a meeting between large mutual fund houses and 10 unicorns, including Swiggy, and Unacademy, which are keen on going public within 3 years, sources said.
-
Ola Electric Unveils NMC 2170 In-House Lithium-ion Cell, Mass Production to Begin by 2023
Ola Electric on Tuesday unveiled a new lithium-ion cell that was developed in-house. The NMC 2170 battery will be mass produced from the company’s upcoming Gigafactory by 2023, and is designed to pack for energy in a specific area, while improving the overall life cycle of the cell. Company founder and CEO Bhavish Aggarwal stated that the first i...
-
SoftBank Overseas Business Chief Michel Combes Exits in Latest Churn
Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes who leaves after just six months in the role.
-
PM Meets Japan Business Leaders, Discusses India Investment Opportunities
PM Modi In Japan: PM Modi courted top Japanese business leaders, including Masayoshi Son of SoftBank and Osamu Suzuki of Suzuki Motor Corp, to discuss investment opportunities India offers in sectors ranging from textiles to automobiles.
-
In Japan, PM Modi Meets Softbank Chief, Pitches For Investments
Prime Minister Narendra Modi on Monday met Softbank Corporation founder and CEO Masayoshi Son to discuss the Japanese investment firm's future participation in Indian technology, energy, finance and R&D sectors.
-
Ola Electric CEO Bhavish Aggarwal Says Scooter Fires Rare, but Can Happen in Future
There may be more fires in electric scooters in the future but such incidents are very rare, the chief executive of India's Ola Electric reportedly said at a private company event, after safety concerns were heightened by a fire in one of its scooters in March.
-
Nvidia to Scrap $40-Billion Acquisition of Arm After Objections From Regulators: Report
US firm Nvidia is scrapping its $40 billion (roughly Rs. 2,98,600 crore) bid to buy UK mobile chip technology powerhouse Arm from SoftBank after persistent objections from regulators.
-
Crypto Exchange FTX US Valued At $8 Billion After $400 Million Fundraise
Cryptocurrency exchange FTX US said on Wednesday it had notched a valuation of $8 billion after raising $400 million in its first funding round from investors including Japan's SoftBank Group Corp and Singapore's Temasek Holdings.
-
OneWeb Launches 36 Satellites Into Orbit to Deliver Global High-Speed Internet Access
OneWeb launched 36 communications satellites into space from the Baikonur cosmodrome in Kazakhstan, live broadcasts showed.
-
Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
-
Apple, Samsung, Nvidia and Intel to Invest in SoftBank Group-Owned Chip Firm Arm at IPO: Report
Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday. Reuters reported in June that Arm was in talks with some ten companies - including Apple, Samsung and Intel - with the aim of bringing on one or more anchor in...
-
Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents
Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incenti...
-
Ant Group, SoftBank Seek To Sell Paytm Stake Through Block Deal: Report
China's Ant Group and Japan's SoftBank Group Corp have discussed selling stake in One 97 Communications, which operates Indian digital payments firm Paytm, through a block deal, the Economic Times newspaper reported today.
-
Alibaba Group Sells Remaining Stake in Paytm Worth Rs. 1,378 Crore
China's Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through a block deal, stock exchange data showed on Friday. The exit comes days after Paytm posted its first-ever quarterly operating profit as a listed firm, nine months ahead of its own target.
-
Rapidus Project Gains Japanese Government Backing Ahead of Goal to Mass Produce Advanced Chips by 2027
Rapidus, a new project to develop and make next-generation microchips, has gained the backing of the Japanese government. Japan will pour half a billion dollars into the Rapidus project, which reportedly comprises eight major companies including Sony, SoftBank, Toyota and telecoms giant NTT. The next-generation chip development project aims to deve...
-
SoftBank, JP Morgan Connect 10 IPO-Driven Unicorns With Mutual Funds: Report
Japan's SoftBank Investment Advisers and US-based JP Morgan hosted a meeting between large mutual fund houses and 10 unicorns, including Swiggy, and Unacademy, which are keen on going public within 3 years, sources said.
-
Ola Electric Unveils NMC 2170 In-House Lithium-ion Cell, Mass Production to Begin by 2023
Ola Electric on Tuesday unveiled a new lithium-ion cell that was developed in-house. The NMC 2170 battery will be mass produced from the company’s upcoming Gigafactory by 2023, and is designed to pack for energy in a specific area, while improving the overall life cycle of the cell. Company founder and CEO Bhavish Aggarwal stated that the first i...
-
SoftBank Overseas Business Chief Michel Combes Exits in Latest Churn
Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes who leaves after just six months in the role.
-
PM Meets Japan Business Leaders, Discusses India Investment Opportunities
PM Modi In Japan: PM Modi courted top Japanese business leaders, including Masayoshi Son of SoftBank and Osamu Suzuki of Suzuki Motor Corp, to discuss investment opportunities India offers in sectors ranging from textiles to automobiles.
-
In Japan, PM Modi Meets Softbank Chief, Pitches For Investments
Prime Minister Narendra Modi on Monday met Softbank Corporation founder and CEO Masayoshi Son to discuss the Japanese investment firm's future participation in Indian technology, energy, finance and R&D sectors.
-
Ola Electric CEO Bhavish Aggarwal Says Scooter Fires Rare, but Can Happen in Future
There may be more fires in electric scooters in the future but such incidents are very rare, the chief executive of India's Ola Electric reportedly said at a private company event, after safety concerns were heightened by a fire in one of its scooters in March.
-
Nvidia to Scrap $40-Billion Acquisition of Arm After Objections From Regulators: Report
US firm Nvidia is scrapping its $40 billion (roughly Rs. 2,98,600 crore) bid to buy UK mobile chip technology powerhouse Arm from SoftBank after persistent objections from regulators.
-
Crypto Exchange FTX US Valued At $8 Billion After $400 Million Fundraise
Cryptocurrency exchange FTX US said on Wednesday it had notched a valuation of $8 billion after raising $400 million in its first funding round from investors including Japan's SoftBank Group Corp and Singapore's Temasek Holdings.
-
OneWeb Launches 36 Satellites Into Orbit to Deliver Global High-Speed Internet Access
OneWeb launched 36 communications satellites into space from the Baikonur cosmodrome in Kazakhstan, live broadcasts showed.
