softbank

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    Business It’s Official: Travis Kalanick Is $1 Billion Richer (and Softbank Is Now Uber’s Largest...

    SoftBank’s big deal with Uber has closed: The firm now owns about 15% of shares in the ride-sharing company, purchased at a 30% discount. SoftBank will also invest $1.25 billion into Uber directly. Former Uber CEO Travis Kalanick is said to be making $1.4 billion off this deal, with influential...
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    Business Softbank plans $18bn listing for phone arm –

    Japanese giant Softbank is planning to list its mobile phone business in Tokyo and overseas, according to the Nikkei newspaper. The listing on the Tokyo Stock Exchange and possibly in London aims to raise 2 trillion yen ($18bn; £13.1bn). Softbank confirmed in a statement that the share sale is...
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