Tag: SoftBank Group

August 08, 2024 BY Elizabeth Anderson

SoftBank Back In Black Thanks To Vision Fund

Media reports indicated that profits from its Chinese portfolio companies, which include ByteDance, balanced losses from organisations such as AutoStore and Symbotic (SYM). Overall, its Vision Fund division recorded a loss of 204.3bn JPY compared to its profitable status in the same quarter in 2023. This, however, includes administrative costs and the investment ups and…

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November 07, 2023 BY Elizabeth Anderson

WeWork enters Chapter 11 bankruptcy protection plea

The company indicated WeWork locations outside the United States and Canada will not be affected by this process. This startup, which was backed by the SoftBank Group (9984.T), experienced an ephemeral rise and fall as more and more leases curdled on the back of its initial success. Don’t miss out the latest news, subscribe to…

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