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SoftBank returns to profit
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
SoftBank
Vision Fund's CFO told BI that "macro tailwinds" helped ... because they effectively lower the cost of capital and provide a good tailwind for
IPO
activity." He also said: "We have a late-stage portfolio that's now valued at about $34 billion ...
SoftBank Books $7.7 Billion Quarterly Gain as Vision Fund Finds Its Feet Again
TOKYO (Reuters) - Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Masayoshi Son’s SoftBank Group swung to a ¥1.2tn ($7.8bn) profit in its latest quarter, driven by a string of successful initial public offerings in India and better tech valuations. The company’s results easily beat analysts’ forecasts for a profit of just ¥286.
2d
on MSN
SoftBank-backed Swiggy's shares soar 15% on India market debut after stellar IPO
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion ...
3d
SoftBank Gets Boost From Vision Fund to Forge Big Bets in AI
SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations ...
cryptopolitan
2d
SoftBank revives portfolio with AI strategy
Japanese multinational investment firm SoftBank reported a revenue of ¥1.18 trillion ($7.7 billion) in the previous quarter, ...
1d
on MSN
SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
British online bank Zopa is on track to double pre-tax profits and increase revenue by more a third in 2024, CEO Jaidev ...
Direct Marketing News
1d
Swiggy sees 15% surge in IPO debut
Swiggy experiences a remarkable 15% increase on its IPO debut, marking an impressive entry into the stock market.
NBC Chicago
3d
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
Shares of Indian food delivery giant Swiggy soared over 9% on their trading debut Wednesday after its teh company's stellar ...
1d
on MSN
India’s Swiggy defies weak market in largest 2024 tech IPO globally
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's ...
2d
Sweden's Klarna Moves Towards Long-Awaited US IPO With Confidential Filing
Klarna and Northvolt, another Swedish company, were expected to follow suit. But Northvolt has put its IPO plans in cold ...
Your Story
2d
Inception to IPO and building institutions: The Swiggy story
SoftBank
did not sell its stakes in the company as part of ... the consumer-first thinking and figuring out the business ...
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