softbank

The companies have announced a new blockchain-based solution that will bring the distributed ledger technology to the telecommunications industry.

Uber’s IPO Filing Discloses $1.8B Loss, Raising Worries
April 13th, 2019

Uber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That all could be seen from Uber’s S-1, the company has filed its IPO paperwork with the Securities and Exchange Commission on Thursday.

With Evaluation of $19.5B, Lyft is Set to Beat Uber to Stock Market IPO
March 18th, 2019

Ride-sharing startup Lyft, set their clock ticking for its IPO likely in the next two weeks. The stock will trade as “LYFT” on Nasdaq, and the IPO range is currently set for between $62 and $68 per share

Lyft Launches Investor Road Show in a Bid to Win Large Commitments to its IPO
March 18th, 2019

Lyft is set to launch its investor road show for the upcoming IPO today. The event, scheduled to take place this month, will mark the first time a ride-hailing company has debuted on the U.S. public markets.

Softbank Invests $1B into Startup Nuro While Uber and Lyft Get IPO Feedback from the SEC
February 12th, 2019

Autonomous technology startup Nuro said on Monday it raised $940 million from SoftBank Group Corp, which valued the Silicon Valley-based company at $2.7 billion.

Nvidia Stock Good for Bottom Fishing This Christmas, Citi Group Executive Says
December 15th, 2018

Shedding out 50% of its value in the last three months, some analysts predict Nvidia’s stock price has already reached its bottom while seeing a buying opportunity this time.

Japan’s Tech Giant Softbank Completed PoC for Cross-Carrier Mobile Payments Solution
September 12th, 2018

The PoC for the mobile payments system will be showcased at the Mobile World Congress Americas conference that will be held in Los Angeles this week.

Investors Deny Participation in Bitmain’s Funding, ‘World’s Largest IPO’ on the Edge of Failure
August 22nd, 2018

Few days after SoftBank and Tencent disputed their involvement in a widely reported pre-IPO investment round of Bitmain, DST Global denied investment in the giant’s IPO as well.

FTB Announces Its Initial Coin Offering Campaign
October 1st, 2017

After successfully realizing its private investment target, FTB is pleased to announce the launch of its Initial Coin Offering to the public on October 1. A total of 10 billion FTB Fincoins are available in the sale. These tokens represent shares in the company and allow investors to purchase services at more advantageous prices

Sprint, SoftBank Team Up with TBCASoft to Develop Blockchain Tech for Telecom Carriers
February 24th, 2017

The companies have announced a new blockchain-based solution that will bring the distributed ledger technology to the telecommunications industry.