New Delhi: Japan’s SoftBank Group Corp has not yet decided to sell its 20-22 per cent stake in Flipkart to US retailer Walmart Inc, sources with direct knowledge of the development said. SoftBank’s Masayoshi Son will take a call in the next 7-10 days on whether to exit India’s biggest online retailer or say invested for some more time, they said. Walmart had on Wednesday announced that
New Delhi: US retail giant Walmart will buy a majority stake in India’s largest e-commerce company Flipkart, according to the head of SoftBank, a major stakeholder in the Indian firm.
New Delhi : Japanese conglomerate SoftBank has pumped in USD 1.4 billion (over Rs 9,079 crore) in Indian digital payments platform, Paytm, marking the largest fund infusion by a single investor in an Indian start-up.
Washington: US President-elect Donald Trump has said that Sprint will bring 5,000 jobs back to the US from overseas, while another company OneWeb will add 3,000 more, media reports said, according to IANS. Trump said the deal “was done through” SoftBank CEO Masayoshi Son, a Japanese billionaire and technology investor, CNBC reported on Thursday.
Tokyo: Japanese mobile carrier SoftBank today said it will sell at least USD 7.9 billion of its stake in Chinese e-commerce giant Alibaba, as it looks to pay down a whopping debt load.
Billionaire CEO Masayoshi Son said Aurora was a “strong candidate” to lead the firm in the future
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