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Yahoo Japan cancels $3.2 billion plan to buy eAccess
Internet giant Yahoo Japan today said it has cancelled plans to buy domestic telecom company eAccess from its parent SoftBank Corp in a deal valued at about $3.2 billion. In March, Yahoo’s Japanese...
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Softbank unveils ‘human-like’ robot Pepper
Japan’s SoftBank on Thursday unveiled what it billed as an “emotional” humanoid robot that will entertain customers at the mobile carrier’s phone outlets — and maybe become a member of their family....
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Emotional robot can be your salesman
Beware salespersons! An “emotional” robot designed to converse with shoppers has been brought to life. Named Pepper by its developer Softbank, a Tokyo-based internet company, the humanoid robot struck...
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‘Take your clothes off, be like me!’ says wise-cracking robot
A wise-cracking humanoid robot called Pepper whose makers claim can read people’s emotions was unveiled in Tokyo last month. Mobile carrier Softbank, which created the robot, says Pepper can understand...
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SoftBank to invest $300 million in Paytm, Olacabs: Report
Japanese telecommunications company, SoftBank, could invest in PayTM and Olacabs in the coming weeks, ET reports. SoftBank is in talks with PayTM to invest $300 million for a significant minority...
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Softbank invests $627 million in Snapdeal, $210 million in Olacabs
Softbank has invested a whopping $627 million (approximately Rs 3,845 crore) in Snapdeal, Techcrunch reports. This brings the total funding raised by the Indian e-commerce player in 2014 alone to $1...
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Micromax reportedly seeking a valuation of Rs 21,000 crore, approaches...
For a long time, Micromax was said to have been gearing up for an IPO, but now the company is reportedly looking at different strategic options including an outright sale of the business, Economic...
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Micromax to raise up to $1 billion from Japan’s SoftBank
Handset-maker Micromax plans to raise up to USD one billion from overseas investors, including Japan’s SoftBank, as the homegrown firm looks to invest in start-ups and bring in innovative technology to...
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Snapdeal says it has no fund raising plans now
Stating that it has enough capital, eCommerce firm Snapdeal today said it would not raise money just because it is “fashionable”. The city-based firm, which received USD 627 million funding from...
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India-born ex-Google executive Nikesh Arora appointed SoftBank president
India-born former Google executive Nikesh Arora has been appointed the President of Japan’s telecommunications giant SoftBank Corp that paid the “rising star” a whopping $135 million for the financial...
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SoftBank partners Bharti, Foxconn to set up solar project in India, invests...
Japan’s SoftBank Corp today announced investment of $20 billion in setting up solar power projects in India in partnership with telecom giant Bharti Enterprises and Taiwan’s Foxconn. The Japan...
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SoftBank exploring telecom joint venture with Foxconn in India
Japanese telecom and Internet giant SoftBank and Taiwanese electronics firm Foxconn are in discussion to set up a joint venture in India for manufacturing telecom products. “We will like to support...
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Alibaba reportedly close to buying 25% stake in Micromax for Rs 4,200 crore
In the past couple of months, there have been multiple reports around Alibaba buying a stake in Micromax. ETTech now reports that the deal is almost close to being wrapped up, with the Chinese giant...
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‘You want easy, don’t try a startup’: Softbank President...
Former Google exec and current SoftBank President Nikesh Arora’s knowledge on business is unmatched. He is responsible behind investments in many Indian startups like OYO Rooms, Snapdeal, Ola Cabs and...
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Alibaba, Foxconn, SoftBank invest $500 million in Snapdeal
Online marketplace Snapdeal has secured an investment of $500 million led by Alibaba Group, Foxconn and SoftBank, a company statement said on Tuesday. Existing investors Temasek, BlackRock, Myriad and...
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Nikesh Arora bets on Softbank, buys shares worth $482 million in personal...
India-born former Google executive Nikesh Arora has bought shares valued at $482 million (Rs.3,148 crore) of Japanese multinational SoftBank Group Corporation in which he is director, president and...
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SoftBank to make more investments in Indian startups: Masayoshi Son
Japan-headquartered SoftBank, which has pumped in $2 billion into Indian startups, will step-up such investments as it potentially sees the country driving the global growth in this century, the...
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Softbank’s investee companies in India show traction despite profits...
Softbank's investee companies in India have showed a good traction even though the profits dropped 27 percent for the fiscal that ended in March.Japanese telecom giant SoftBank today said its investee...
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SoftBank COO Nikesh Arora among top paid executives in the world
Ex Google executive Nikesh Arora had joined SoftBank in 2014 as the vice-chairman and CEO.Nikesh Arora, the India-born president and COO of Japanese telecom giant SoftBank, received a pay package of...
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SoftBank’s investments in India may surpass $10 billion
SoftBank is looking at accelerating the pace of investments in future.Having made a string of technology investments in India , Japanese telecom and Internet giant SoftBank has said its investments in...
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