SoftBank to Cut Alibaba Stake, Sees $34 Billion in Gains
The Japanese tech investor has been reducing its ties to the Chinese e-commerce company and using holdings to raise cash.
Tag: softbank
SoftBank Reports Record $23 Billion Quarterly Loss as Tech Downturn Hits
The Japanese technology investor suffered losses after holdings such as Uber and DoorDash lost value.
SoftBank Emerges as a Big Loser of the Tech Downturn. Again.
CEO Masayoshi Son pledged to curb his aggressive investment bets yet plunged into startups last year at the market top. He will have to engineer his next comeback without key lieutenants.
Rajeev Misra to Step Back From Top Executive Role at SoftBank
Misra, who runs SoftBank’s giant venture-investing arm, plans to run a new outside investment outfit, according to a company memo.