News

SoftBank Has Bigger Reasons Than Beijing to Sell Alibaba A bet on China’s economy isn’t what it used to be, while the Japanese company needs cash. April 13, 2023 at 9:52 PM EDT ...
TOKYO, Aug 12 (Reuters) - SoftBank Group Corp's (9984.T), opens new tab decision to sell down its Alibaba Group Holding (9988.HK), opens new tab, stake for a $34 billion gain may be aimed at ...
Billionaire Masayoshi Son’s SoftBank Group is expecting to post a $34 billion gain by cutting its stake in Chinese e-commerce giant Alibaba by more than one-third, as the Japanese conglomerate ...
Alibaba: Don't Let Beijing Or SoftBank Rain On The Parade Apr. 15, 2023 8:00 AM ET Alibaba Group Holding Limited (BABA) Stock JD , MSFT , SFTBF , SFTBY , BABA 28 Comments 5 Likes Tech Stock Pros ...
Global tech investor SoftBank Group is turning to a familiar tool to fund its $40 billion investment in ChatGPT maker OpenAI announced late Monday: debt. The Tokyo-based company, led by ...
The logo of Alibaba Group is lit up at its office building in Beijing, China. (REUTERS/Tingshu Wang / Reuters) The Japanese investor, led by billionaire founder Masayoshi Son, once owned as much ...
TOKYO, March 30 (Reuters) - Softbank Group 9984.T said on Thursday it would recognise a 359.6 billion yen ($2.7 billion) gain from the transfer of a stake in Alibaba Group Holdings BABA.N 9988.HK ...
TOKYO, Dec 8 (Reuters) - SoftBank Group Corp (9984.T), opens new tab CEO Masayoshi Son's stake in the company has risen to 34% - a key threshold level that gives him more control. Son now owns 34. ...
Masayoshi Son-led SoftBank Group Corporation SFTBF has reportedly re-committed to a $500 million investment in ChatGPT-parent OpenAI. What Happened: This investment forms part of a larger $6.5 ...
SoftBank Group (SFTBY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.