|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||46.81 - 50.12|
|52 Week Range||31.08 - 56.08|
|Beta (3Y Monthly)||2.08|
|PE Ratio (TTM)||6.63|
|Forward Dividend & Yield||0.20 (0.40%)|
|1y Target Est||N/A|
The We Company, parent company of WeWork, is the latest in a string of start-up unicorns set to go public this year. It is valued at $47 billion, but like other newly public companies such as Lyft and Uber, WeWork isn't turning a profit. Instead, it's hemorrhaging cash.
Japan's Nikkei dropped on Thursday after renewed U.S.-China trade tensions dragged down technology shares, while index-heavyweight SoftBank Group fell more than 5 percent. TDK Corp dived 6.5%, Advantest Corp declined 2.6%, Tokyo Electron shed 2.5%, and Sony Corp slid 3.7%. "Investors are worried that the U.S. may put restrictions on more companies in the future, not just Huawei and Hikvision," said Takuya Takahashi, a strategist at Daiwa Securities.
Japan's Nikkei dropped on Thursday morning after renewed U.S.-China trade tensions dragged down technology shares, while index-heavyweight SoftBank Group fell more than 5 percent. The Nikkei share average ...
Some of ARM’s intellectual property -- predominantly designs for low-power semiconductors used in mobile products -- is created in the U.S., making it subject to the same restrictions as American chipmakers. The BBC earlier reported that an internal memo to ARM employees said business with Huawei would be suspended. The Trump administration on Friday blacklisted Huawei -- which it accuses of aiding Beijing in espionage -- and threatened to cut it off from the U.S. software and semiconductors it needs to make its products.
Japanese telco SoftBank Corp's low-cost mobile brand Ymobile said on Wednesday it would delay the launch of Huawei P30 Lite smartphone, following the imposition of trade restrictions on the Chinese manufacturer by Washington. The smartphone from Huawei Technologies was due to go on sale on Friday but a SoftBank spokesman said the telco wanted to be confident it could sell the product in light of the U.S. restrictions. The U.S. Commerce Department blocked Huawei from buying U.S. goods last week, a major escalation in the trade war between the world's two top economies, saying the firm was involved in activities contrary to national security.
Now SoftBank Group Corp. will finally have a board member who is an expert on the subject. SoftBank on Tuesday named a new director: Yutaka Matsuo, a professor at the University of Tokyo who focuses on social network mining, natural language processing and AI. SoftBank also said former Goldman Sachs banker Mark Schwartz will resign from the board, subject to shareholder approval at the general meeting on June 19.
An executive in Japan's SoftBank Group said on Tuesday that the technology conglomerate is open to partnering with major Mexican consumer companies, such as retailer Femsa and bread-maker Bimbo, along with startups in the country. SoftBank announced in March that it would launch the $5 billion (3.93 billion pounds) Innovation Fund dedicated to Latin America, focusing on financial technology, e-commerce, healthcare and mobility. Shu Nyatta, a fund partner who is based in Silicon Valley and Miami, said at a conference in Mexico City that SoftBank wants to support companies that provide better access to consumers for a variety of services.
An executive in Japan's SoftBank Group said on Tuesday that the technology conglomerate is open to partnering with major Mexican consumer companies, such as retailer Femsa and bread-maker Bimbo, along with startups in the country. SoftBank announced in March that it would launch the $5 billion Innovation Fund dedicated to Latin America, focusing on financial technology, e-commerce, healthcare and mobility. Shu Nyatta, a fund partner who is based in Silicon Valley and Miami, said at a conference in Mexico City that SoftBank wants to support companies that provide better access to consumers for a variety of services.
Wall Street banks are not the only enablers for SoftBank as it tries to build an empire. The Japanese conglomerate is also borrowing heavily from a source closer to home: Mrs Watanabe. yen-denominated corporate bond, a ¥500bn ($4.5bn) deal targeting individual investors seeking decent returns against a backdrop of record-low interest rates.
Japan's Nikkei slipped on Tuesday as Washington's blacklisting of Huawei took a heavy toll on suppliers to the Chinese telecoms equipment maker, but the downside was limited after the United States temporarily ...
Japan's Nikkei slipped on Tuesday as Washington's blacklisting of Huawei Technologies Co Ltd took a heavy toll on suppliers to the Chinese telecoms equipment maker. The Nikkei fell 0.4% to 21,218.62 at ...
While Masayoshi Son is still very much at the helm of SoftBank Group Corp. (TSE:9984), the company he built into a leader of the Japanese telecom industry, his attention increasingly seems to be focused on the SoftBank Vision Fund. The Vision Fund is the company's venture capital investing arm. While managed by SoftBank, it is funded principally by external investors and has raised a staggering $100 billion .
Many investors assumed that federal antitrust regulators wouldn’t let the wireless market shrink to three major players from four. But the latest news from the FCC indicates otherwise.
Elsewhere on Monday, -- Deutsche Bank, Trump, and Kushner: “It’s the D.B. way." -- Michael Heseltine, Liberal Democrat. -- Death by derivatives. More from the Financial Times Ajay Royan searches for ...
Masayoshi Son's SoftBank has a 300-year plan, which could be genius but is probably just insane. Son made billions with his early Alibaba investment, but his first big Vision Fund bet, Uber, is not doing so well out of the gate, and he seems to have undercut it in part by making investments in competitors. Maybe Son is neither a genius nor insane, but just an ambitious businessman who likes to take big risks.
SoftBank and its $100 billion Vision Fund, the world's largest technology investor, have massively disrupted start-up investment and deployed about $80 billion. The Japanese company run by Masayoshi Son has put almost $40 billion into 19 CNBC Disruptor 50 companies — 14 on the 2019 Disruptor 50 list. The Vision Fund has made unprecedented VC investments in late-stage companies seeking between 20% to 40% ownership, according to one partner.
Berlin travel startup GetYourGuide said on Thursday it had raised nearly $500 million from investors led by SoftBank's Vision Fund to expand its online offering of tours and activities that has won a following among millennials. GetYourGuide, which has sold 25 million tickets since it was founded a decade ago, wants to invest some proceeds from the so-called Series E funding round into its "Originals" branded product that it launched last August.
The round values GetYourGuide, which competes with the likes of TripAdvisor Inc. and Expedia Inc., at well over 1 billion euros ($1.1 billion), according to a person familiar with the situation. GetYourGuide will use the money to add more product categories -- such as transportation, winter sport offerings or culinary experiences -- and build additional scale in Asia and the U.S., said Chief Executive Officer Johannes Reck.
To access a PDF version of this newsletter, please click here http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_05162019.pdf If you would like to receive this newsletter via email, ...