Softbank News & Updates

[Sushubh]

India Post would be happy.

Japan's SoftBank buys $627 million stake in Indian online retailer Snapdeal| Reuters

The Snapdeal investment was announced alongside SoftBank Internet and Media Inc's (SIMI) lead in a $210 million investment with existing investors in Indian transportation aggregator ANI Technologies Pvt. Ltd. SoftBank didn't specify how much it was investing in ANI, which operates a mobile application for cab booking.

 

[dextermorgan]

In all cash deal! Goddamn how much money do these corporations have?

 

[Sushubh]

Softbank was apparently paying Nikesh Arora over USD 100 million in salary per year. This did not even make him the highest paid executive in the world. I believe he was at third spot.

 

[dextermorgan]

yup. fuck! disney ceo and Apple ceo also figure on the list.

500cr PA package. wow

 

[vishalrao]

I see on BBC channel they were mentioning SoftBank are already in 100 billion debt and on top of this they are paying over 30 billion for this buyout. ARM shareholders are just money grubbing, Softbank could very well destroy this little company.

 

[Sushubh]

Mohammed Bin Salman Bloomberg Interview: $45B More on SoftBank - Bloomberg

 

[Sushubh]

How SoftBank ate the world | WIRED UK

 

[dextermorgan]

^ a lot of people forget that softbank $100 billion visionary fund is half funded by saudi government.

 

[Sushubh]

SoftBank to Lend Founder and Employees Billions to Invest in Fund - WSJ

SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ | Article [AMP] | Reuters

 

[Sushubh]

Why SoftBank Vision Fund is one of the most complex private equity funds ever raised - Axios