|Bid||4,274.00 x 0|
|Ask||4,267.00 x 0|
|Day's Range||4,261.00 - 4,360.00|
|52 Week Range||3,401.50 - 6,045.00|
|Beta (3Y Monthly)||1.67|
|PE Ratio (TTM)||4.24|
|Forward Dividend & Yield||44.00 (1.06%)|
|1y Target Est||N/A|
SANTA MONICA, Calif., Sept. 17, 2019 /PRNewswire/ -- In a transaction designed to sharply scale its rapidly growing Uber partnership, vehicle subscription app Fair today announced a $500 million revolving credit facility led by Mizuho Bank that will allow drivers nationwide to access a rideshare-ready Fair car, regardless of credit. SoftBank Group Corp. ("SBG") is among several credit providers participating with Mizuho in the syndicated debt facility.
SoftBank Group Corp. (“SBG”) today announced the appointment of members to the senior management team of SoftBank Group International (“SBGI”) and the SoftBank Latin America Fund (previously referred to as the SoftBank Innovation Fund). SBGI encompasses most of the operating companies of SBG, including Arm Limited, Sprint, Boston Dynamics, Fortress, SB Energy and Brightstar. The SoftBank Latin America Fund, launched in March 2019, is focused exclusively on the fast-growing Latin American technology market and is the largest technology-focused fund in Latin American history.
Rappi, an on-demand delivery startup operating in Latin America, today announced an investment of up to $1 billion from SoftBank Group Corp. (“SBG”) and SoftBank Vision Fund (“Vision Fund”). The investment marks the largest technology financing to date in a Latin America-based company and, upon transfer to the Innovation Fund upon the fund’s establishment, will be the first investment by the Innovation Fund, which launched in March 2019 and is the largest-ever technology fund focused exclusively on the fast-growing Latin American market.
SoftBank Group Corp (“SBG”) today announced the initial executive investment team for the recently launched SoftBank Innovation Fund, the largest-ever technology fund focused exclusively on the fast-growing Latin American market. Marcelo Claure, Chief Operating Officer of SoftBank Group Corp. and CEO of SoftBank Group International, will also lead SoftBank Latin America and will be responsible for overseeing the SoftBank Innovation Fund, its investments and operations.
SoftBank Group Corp. (“SBG”) today announced the launch of the SoftBank Innovation Fund, the largest-ever technology fund focused exclusively on the fast-growing Latin American market, and the creation of the SoftBank Latin America Local Hub, a new operating group that will partner with SoftBank portfolio companies helping them enter Latin America, navigate the local markets and broaden their geographic reach in the region. Marcelo Claure will serve as Chief Executive Officer of SoftBank Latin America, responsible for overseeing the new fund, its investments and operations.
SoftBank Group Corp. (“SBG”) today announced that Michelle Horn, former Partner, Director of Client Service Personnel at McKinsey & Company (“McKinsey”), is joining SBG as Chief People Officer and Senior Vice President, effective immediately. Ms. Horn will report to Masayoshi Son, Chairman & CEO of SBG, and Marcelo Claure, Director, Executive Vice President COO of SBG.