Softbank Corp

New unicorn: Meesho raises fresh $300 m in funding led by SoftBank fund

Social commerce start-up Meesho on Monday said it has raised a fresh $300 million in funding led by SoftBank Vision Fund 2. The investment marks the company’s entry into the unicorn club, valuing it at $2.1 billion.

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Alibaba’s largest shareholder Softbank plans to sell $7.9 bn in stock

Japanese telecommunications and internet firm Softbank Group Corp said on Tuesday it will sell at least $7.9 billion of shares in Chinese e-commerce company Alibaba Group Holding...

alibaba

Nikesh Arora to buy SoftBank shares worth over $480 mn

Nikesh Arora, who is also the SoftBank's COO, would acquire the shares in his personal capacity over a period of six months.

Nikesh Arora Softbank

After Alibaba, SoftBank, Foxconn infusion, Snapdeal now valued at $5 bn

Snapdeal faces fierce competition from Flipkart, valued at $15 billion, and Amazon, whose founder Jeff Bezos has committed $2 billion in investment for India with more to come.

Snapdeal

SoftBank Q1 profit rises, sees light at end of tunnel on Sprint

SoftBank Corp reported an 8 percent rise in quarterly profit as loss-making Sprint Corp fared better than expected, leading the Japanese telecoms conglomerate to declare it was seeing "light at the end of the tunnel" for its

India-born ex-Google executive Nikesh Arora appointed SoftBank president

India-born former Google executive Nikesh Arora has been appointed the President of Japan's telecommunications giant SoftBank Corporation.

Nikesh Arora Softbank

SoftBank names Nikesh Arora president and Masayoshi Son’s likely successor

Japan's SoftBank Corp appointed investments head Nikesh Arora as president and named him as a potential successor to CEO Masayoshi Son.

Nikesh Arora Softbank

Snapdeal says not in immediate need to raise money

E-commerce company Snapdeal.com is not looking to raise money immediately and is well capitalised for the next couple of years...

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Voice calls on apps open new revenue stream for mobile cos: Hike messenger

With mobile operators getting wary about messaging apps eating into their voice call earnings, Hike messenger says...

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