
SoftBank & Ant Group previously offered to sell their Paytm stakes to Bharti Airtel founder-chairman Sunil Mittal.
SoftBank Group Corp. is a Japanese multinational conglomerate holding company.
SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Tokyo. The company owns stakes in Softbank Corp., Softbank Vision Fund, Arm Holdings, Fortress Investment Group, Boston Dynamics, Sprint, Alibaba, Yahoo Japan, Brightstar, Uber, Didi Chuxing, Ola, Renren, InMobi, Hike, Snapdeal, Fanatics, Improbable Worlds, Paytm, OYO, Ping An Insurance, Slack Technologies, WeWork, ZhongAn Online P&C Insurance, Compass, AUTO1 Group, Wag, Katerra, Cruise Automation, ParkJockey, Tokopedia (Indonesia), and many more companies. It also runs Vision Fund, the world’s largest technology-focused venture capital fund, with over $100 billion in capital.
The company is known for its leadership by founder Masayoshi Son. It now owns operations in broadband; fixed-line telecommunications; e-commerce; internet; technology services; finance; media and marketing; semiconductor design; and other businesses.
SoftBank was ranked in the Forbes Global 2000 list as the 36th largest public company in the world, and the 2nd largest publicly traded company in Japan after Toyota.
The logo of SoftBank is based on the flag of the Kaientai, a naval trading company that was founded in 1865, near the end of the Tokugawa shogunate, by Sakamoto Ryōma.
Although it doesn’t affiliate itself to any traditional keiretsu, Softbank has close ties with Mizuho Financial Group, its main lender.
SoftBank & Ant Group previously offered to sell their Paytm stakes to Bharti Airtel founder-chairman Sunil Mittal.
The broader tech selloffs impacted the Vision Fund Q4 2022 performance over the past year since the fund has stakes in several tech companies.
The UK PM has been in renewed talks with relevant stakeholders regarding an Arm IPO listing on the London Stock Exchange.