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SoftBank-Backed Delivery Startup Gopuff Closing 76 Warehouses
News

SoftBank-Backed Delivery Startup Gopuff Closing 76 Warehouses

... wealth funds of Saudi Arabia and Abu Dhabi. Several SoftBank-backed startups whose valuations collapsed upon going public even before ... saw valuation drops among public and private companies alike. SoftBank signaled its intent in April to be more judicious ...

Jul 12, 2022
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SoftBank
News

SoftBank To Liquidate Up To $41B In Assets To Fund Buybacks, Cut Debt

... us to strengthen our balance sheet while significantly reducing debt.” SoftBank, which has over $245B in assets and $15B in ... Sprint and T-Mobile and Chinese e-commerce behemoth Alibaba. SoftBank is also reportedly looking more closely at its bailout deal ...

Mar 23, 2020
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SoftBank-Backed Hotel Chain Oyo To File For $1.2B IPO
News

SoftBank-Backed Hotel Chain Oyo To File For $1.2B IPO

... new common stock and sales of stock from existing shareholders. SoftBank Vision Fund owns 46% of Oyo after pumping billions into ... a past that seemed to resemble once-fellow darling of SoftBank Vision Fund WeWork but a slew of positive indicators more ...

Sep 23, 2021
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SoftBank Reportedly Negotiating To Take Control Of WeWork
News

SoftBank Reportedly Negotiating To Take Control Of WeWork

... We Company still inspires fierce competition among potential investors. SoftBank Group, WeWork's biggest single source of capital in ... Street Journal reports. The added ownership share going to SoftBank would further diminish former CEO Adam Neumann's voting ...

Oct 14, 2019
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SoftBank CEO Outlines WeWork Turnaround Plan, Regrets 'Bad Judgment'
News

SoftBank CEO Outlines WeWork Turnaround Plan, Regrets 'Bad Judgment'

... in Tokyo, where he took responsibility for SoftBank's dismal Q3 performance. SoftBank Vision Fund, the Japanese bank's technology ... Going forward, a top priority in any investments from SoftBank or its anticipated second Vision Fund will be cash flow ...

Nov 06, 2019
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Katerra
News

SoftBank's Katerra Dogged By Reports Of Project Pullouts, Cost Overruns

... . “This is ground zero for the places that need prefab.” SoftBank and its leader Masayoshi Son have been under intense scrutiny ... fast-growing firm. The vision of our company remains unchanged.” SoftBank did not respond to request for comment by press time ...

Nov 25, 2019
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SoftBank's Katerra Lays Off 7% Of Staff As Cuts Continue
News

SoftBank's Katerra Lays Off 7% Of Staff As Cuts Continue

... the company announced it had fielded another $200M from investor SoftBank. The month prior, Katerra laid off 3% of its existing ...

Jun 29, 2020
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SoftBank Vision Fund Mulls $100M Investment In Cadre, The CRE Tech Platform Jared Kushner Co-Founded
News

SoftBank Vision Fund Mulls $100M Investment In Cadre, The CRE Tech Platform Jared Kushner Co-Founded

A top Cadre executive met recently in private with SoftBank, Bloomberg reports, citing anonymous sources familiar with the discussions. ... became a senior adviser to the president. As yet, SoftBank has reportedly made no final decision on any investment in ...

May 22, 2018
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8400 Edgewater Drive
News

SoftBank-Backed Startup Sued For $42.4M For Allegedly Backing Out Of Bay Area Lease

... , reporting that it had recently received $385M in funding from SoftBank to facilitate the car startup's expansion and that 8400 ...

Jun 03, 2020
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SoftBank Funnels Millions Into Fast-Growing Single-Family Rental Investment Platform
News

SoftBank Funnels Millions Into Fast-Growing Single-Family Rental Investment Platform

... , has raised $240M in a Series E round led by SoftBank's Vision Fund 2 as investors continue piling into the ... -family rental deals, The Real Deal reported. In addition to SoftBank, Kohla Ventures, Lightspeed Venture Partners and Bain Capital Ventures also ...

Mar 14, 2022
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