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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 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 that boosted the Vision Fund portfolio.
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.
27m
on MSN
The US IPO window hasn’t reopened yet, but startups take what they can
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox ...
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 ...
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, ...
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.
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 ...
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
on MSN
Buy now, pay later giant Klarna files for U.S. IPO
Klarna, which is known for its popular “buy now, pay later” business, has filed IPO documents with the U.S. Securities and ...
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