Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Japan tech investor SoftBank sinks into second year of losses

Por: ABC News Tech May 12, 2023

thumbnail

TOKYO -- Japanese technology investor SoftBank Group reported Thursday a loss of 970 billion yen ($7 billion) for the fiscal year that just ended — the second year in a row of red ink.Tokyo-based SoftBank Group Corp. racked up a 1.7-trillion-yen ($13-billion) loss the previous fiscal year.The latest results came from massive losses on its investments, called the SoftBank Vision Fund, amid a global plunge in technology shares.The gains from... + full article



Similar News

Japan tech investor SoftBank sinks into second year of losses

WPLG Local 10 USA Tech May 11, 2023

thumbnailTOKYO – Japanese technology investor SoftBank Group reported Thursday a loss of 970 billion yen ($7 billion) for the fiscal year that just ended — the second year in a row of red ink.Tokyo-based SoftBank Group Corp. racked up a .The latest results came from , called the... + más

Some Boston startups backed by Japanese giant SoftBank are floundering | The Boston Globe

SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes


Japan tech investor SoftBank sinks into second year of losses

Associated Press USA Tech May 11, 2023

TOKYO (AP) — Japanese technology investor SoftBank Group reported Thursday a loss of 970 billion yen ($7 billion) for the fiscal year that just ended — the second year in a row of red ink.Tokyo-based SoftBank Group Corp. racked up a .The latest results came from , called the... + más

Some Boston startups backed by Japanese giant SoftBank are floundering | The Boston Globe

SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes


Some Boston startups backed by Japanese giant SoftBank are floundering

The Boston Globe USA Tech April 11, 2023

thumbnailThe tech startup bubble inflated with a big assist from Japanese investor SoftBank Group, which poured more than $100 billion into the market. Now that the air has come out of the bubble, some prominent local startups that got backing from SoftBank are struggling.Pear... + más

SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes

Japan's SoftBank returns to profit as investments rebound | Associated Press


Japan's SoftBank logs $5.9B loss as tech investments tumble

Associated Press USA Tech February 07, 2023

TOKYO (AP) — Japanese investor SoftBank Group reported Tuesday that it sank into a deep loss for the October-December quarter, slammed by the global plunge in technology shares. SoftBank Group Corp. racked up a 783 billion yen ($5.9 billion) loss for the fiscal third quarter,... + más

SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes

Japan's SoftBank returns to profit as investments rebound | Associated Press


SoftBank's Vision Fund posts fourth straight quarter of losses as tech slump hits Japanese giant

CNBC USA Tech February 07, 2023

thumbnailIn this articleSoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics.Kentaro Takahash Bloomberg... + más

SoftBank’s Asia Fintech Investments Could Still Pay Off Big | Forbes

Japan's SoftBank returns to profit as investments rebound | Associated Press


SoftBank’s Asia Fintech Investments Could Still Pay Off Big

Forbes USA Business December 15, 2022

thumbnailSoftBank, like many other funds, hasn't had the best 2022. Getty Images It has been a tough year for Japan’s SoftBank and its CEO Masayoshi Son. Neither the company nor Son is weathering the global tech slump and general rising investor skepticism towards growth-first,... + más

Market turbulence, inflation, geopolitical uncertainty prompt dip in fintech investment: KPMG | Fox Business

The Future Of Fintech, According To AI | Forbes


Japan's SoftBank returns to profit as investments rebound

Associated Press USA Business November 11, 2022

thumbnailTOKYO (AP) — Japanese technology investor SoftBank Group Corp. reported on Friday a 3 trillion yen ($21 billion) profit for the July-September quarter, a sharp reversal from its loss a year ago.After its 398 billion yen loss a year earlier, quarterly sales rose to 1.6 trillion... + más

Japan’s SoftBank Turns a Profit After Reducing Stake in Alibaba | MarketWatch

Izuma Networks Acquires SoftBank’s Pelion IoT Device Management Business | Forbes



About iurex | Privacy Policy | Disclaimer |