Shares in Japanese conglomerate SoftBank Group Corp tumbled 5.5% on Friday, a da...
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo
A successful market debut of Uber will be seen as a test of SoftBank’s investment strategy, as other big tech firms in its almost $100 billion Vision Fund also head toward public listings. “ shares have gone up ahead of Uber’s IPO, but some investors may have sold shares once the price was decided,” said Tsutomu Yamada, a market analyst at Kabu.com Securities.Shares in SoftBank tumbled as much as 5.5% on Friday, its biggest percentage drop in five months, wiping $6 billion off its market capitalization. The group is now valued at around $104 billion.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stakeJapanese congolomerate Softbank Group unveils stock split, rakes in $3.8 billion on Uber stake
Weiterlesen »
SoftBank Group unveils stock split, rakes in higher profit on tech betsJapanese conglomerate SoftBank Group Corp announced a stock split while keeping ...
Weiterlesen »
GM's Cruise gets $1.15 billion new cash from T. Rowe Price, SoftBankGeneral Motors Co's majority-owned Cruise self-driving division on Tuesday ...
Weiterlesen »
Japan's SoftBank taps into Mexican fintech startup Clip: sourcesJapan's SoftBank Group invested about $20 million in Mexican payments start...
Weiterlesen »
SoftBank planning IPO of $100 billion Vision Fund: WSJJapan's SoftBank Group Corp is considering an initial public offering of it...
Weiterlesen »
SoftBank mulls IPO of $100 billion Vision Fund: sourceJapan's SoftBank Group Corp is considering an initial public offering of it...
Weiterlesen »
Japan's SoftBank set for small profit rise, Vision Fund IPO plans eyedJapan's SoftBank Group Corp is expected to report a small rise in its fourt...
Weiterlesen »
U.S. state AGs looking into Expedia Group, hotel practices in antitrust probeGroup of U.S. state attorneys general looking into Expedia Group and hotel chains like Hyatt and Marriott for alleged violations of antitrust law in online travel booking by dibartz
Weiterlesen »
SoftBank Considers IPO for $100 Billion Vision FundSoftBank Group is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund.
Weiterlesen »
Lima Group accuses Maduro of protecting 'terrorist groups' in ColombiaThe Lima Group regional bloc, which supports the opposition in Venezuela, accuse...
Weiterlesen »
A conservative Christian group is pushing Bible classes in public schools nationwide — and it’s workingThose behind the legislative effort known as Project Blitz say Bible instruction is part of a good education. Critics, which include many faith groups, accuse the backers of trying to enact a narrow Christian agenda
Weiterlesen »