SFTBY - SoftBank Group Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
37.40
+0.06 (+0.16%)
As of 3:25PM EDT. Market open.
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Previous Close37.34
Open37.83
Bid0.00 x 0
Ask0.00 x 0
Day's Range37.32 - 37.83
52 Week Range35.10 - 46.56
Volume378,883
Avg. Volume348,856
Market Cap81.743B
Beta0.98
PE Ratio (TTM)5.67
EPS (TTM)6.60
Earnings DateN/A
Forward Dividend & Yield0.19 (0.52%)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Moody's1 hour ago

    WeWork Companies., Inc. -- Moody's rates WeWork CFR at B3, notes at Caa1; outlook is stable

    "WeWork has billions in cash and deep-pocketed private equity backing, but spending on its ambitious global growth plans mean it will likely be years before there are consolidated profits or free cash flow," said Edmond DeForest, Moody's senior credit officer. The B3 CFR reflects WeWork's limited operating history, lack of historical profits and Moody's expectation for no free cash flow over the next few years.

  • Financial Times10 hours ago

    [$$] Get in line, SoftBank

    It is not out of the ordinary for a private company to access the debt markets. Particularly one, like WeWork, with a $20bn market valuation, a figure which was recently endowed on them by $4.4bn of investments from SoftBank and its titanic $93bn Vision Fund. WeWork's gross margin, which we have calculated by subtracting community operating expenses (the cost to run a WeWork office space) from total revenue, is a diminutive 8 per cent. But it is still an improvement from 2016's 0.7-per-cent margins.

  • Reuters14 hours ago

    SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund: Financial Times

    SoftBank was not immediately available for comment. SoftBank's stakes in Uber, China's Didi, Brazil's 99, India's Ola and Singapore's Grab could be transferred into the fund within months, the newspaper reported. The Vision Fund, the world's largest private equity fund, is run by SoftBank board member Rajeev Misra and has become a powerful investor within the technology sector since its close to $93 billion establishment last year.

  • Reuters14 hours ago

    SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund: FT

    SoftBank was not immediately available for comment. SoftBank's stakes in Uber, China's Didi, Brazil's 99, India's Ola and Singapore's Grab could be transferred into the fund within months, the newspaper reported. The Vision Fund, the world's largest private equity fund, is run by SoftBank board member Rajeev Misra and has become a powerful investor within the technology sector since its close to $93 billion establishment last year.

  • Financial Times16 hours ago

    [$$] SoftBank to switch $20bn ride-hailing stakes to Vision Fund

    Japan’s SoftBank is planning to swap more than $20bn of investments in some of the world’s largest ride-hailing groups, including Uber, Ola, Grab and Didi Chuxing, into its huge Saudi-backed Vision technology ...

  • Softbank has spread its ride-hailing bets and Didi looks like an early win
    Quartz21 hours ago

    Softbank has spread its ride-hailing bets and Didi looks like an early win

    Chinese ride-hailing giant Didi Chuxing could pursue an initial public offering as soon as this year, the Wall Street Journal reported today (April 24): The Beijing-based company has in recent weeks been in talks with bankers about the feasibility of tapping the public markets for cash in the second half of 2018, as it looks…

  • Investopediayesterday

    Apple-Backed Didi Chuxing in Talks to Launch IPO: Report

    Didi, one of the world’s largest ride-hailing companies, needs cash to cope with growing competition.

  • Softbank, Google join $1.9 billion investment in China truck-hailing firm
    Reutersyesterday

    Softbank, Google join $1.9 billion investment in China truck-hailing firm

    BEIJING/SHANGHAI (Reuters) - Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday. Manbang, formally known as Full Truck Alliance Group, said the investment was led by SoftBank's Vision Fund - which counts Apple Inc, Foxconn and Saudi Arabia's sovereign wealth fund among its backers. Investors also include state-backed private equity firm China Reform Fund and Hong Kong-based investment firm Ward Ferry, said Manbang.

  • Softbank, Google join $1.9 billion investment in China truck-hailing firm
    Reutersyesterday

    Softbank, Google join $1.9 billion investment in China truck-hailing firm

    BEIJING/SHANGHAI (Reuters) - Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday. Manbang, formally known as Full Truck Alliance Group, said the investment was led by SoftBank's Vision Fund - which counts Apple Inc, Foxconn and Saudi Arabia's sovereign wealth fund among its backers. Investors also include state-backed private equity firm China Reform Fund and Hong Kong-based investment firm Ward Ferry, said Manbang.

  • The Wall Street Journal2 days ago

    [$$] SoftBank and Google Funds to Invest in Chinese Truck-Hailing Firm Manbang

    Japan’s SoftBank Group Corp. and Alphabet Inc.’s late-stage venture investment fund are among investors plowing close to $2 billion into a Chinese truck-hailing company, according to people familiar with the investments. Manbang Group, which runs a mobile app platform that matches truck drivers with shippers looking to transport cargo, is raising more money than it originally set out to fetch, according to these people. The Wall Street Journal previously reported the company was planning to raise between $500 million and $1 billion.

  • Bloomberg2 days ago

    China’s Uber for Trucks Is Said to Raise $1.9 Billion in Funding

    Full Truck Alliance Group, China’s biggest app for Uber-like truck services, raised $1.9 billion in funding to fuel its expansion, people familiar with the matter said.

  • SoftBank Puts the Flip in Flipkart
    Bloomberg3 days ago

    SoftBank Puts the Flip in Flipkart

    Masayoshi Son's Vision Fund seems to lack just that.

  • Reuters5 days ago

    Walmart could buy controlling stake in Flipkart as early as next week - sources

    Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday. The U.S. retail giant has been in talks with Flipkart for months to acquire a controlling stake in the firm as it looks to take on rival Amazon.com Inc head-on in India, a market where e-commerce is tipped to grow to $200 billion in a decade. SoftBank Group, which owns about a fifth of Flipkart through its Vision Fund, was unwilling to sell a part of its stake as Walmart was offering to buy existing shares at a valuation of $12 billion, a price the Japanese tech investor considered low, Reuters had previously reported.

  • Walmart could buy controlling stake in Flipkart as early as next week: sources
    Reuters5 days ago

    Walmart could buy controlling stake in Flipkart as early as next week: sources

    Walmart Inc (WMT.N) could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday. The U.S. retail giant has been in talks with Flipkart for months to acquire a controlling stake in the firm as it looks to take on rival Amazon.com Inc (AMZN.O) head-on in India, a market where e-commerce is tipped to grow to $200 billion in a decade. SoftBank Group, which owns about a fifth of Flipkart through its Vision Fund, was unwilling to sell a part of its stake as Walmart was offering to buy existing shares at a valuation of $12 billion, a price the Japanese tech investor considered low, Reuters had previously reported.

  • Benzinga6 days ago

    For Sprint, M&A Talks With T-Mobile Outweigh 'Rocky Fundamentals,' Macquarie Says In Upgrade

    The on-again, off-again merger talks between Sprint Corp (NYSE: S ) and T-Mobile Us Inc (NASDAQ: TMUS ) are back on again, according to The Wall Street Journal — which prompted Macquarie Capital to drop ...

  • The Wall Street Journal7 days ago

    [$$] Satellite Project Draws Airbus, SoftBank, Bill Gates as Investors

    Airbus and two of the world’s most recognizable tech billionaires, Microsoft founder Bill Gates and SoftBank CEO Masayoshi Son, propose to build and launch some 500 small satellites to provide unmatched ...

  • The Wall Street Journal7 days ago

    [$$] SoftBank Fixes Four Years of Tax Filings After Failing to Report Some Earnings

    TOKYO—SoftBank Group Corp., the operator of the world’s largest technology fund, said it corrected four years of tax filings after Japanese authorities uncovered ¥93.9 billion (about $875 million) worth of unreported earnings at offshore subsidiaries. The Tokyo Regional Taxation Bureau said SoftBank failed to report earnings at three subsidiaries, located in Bermuda and Singapore, of its U.S. telecom units Sprint Corp. and Brightstar Corp. for four years through March 2016.

  • Financial Times7 days ago

    [$$] Saudi Arabian infighting casts shadow on solar deal

    Saudi Arabia’s $200bn deal with Japan’s SoftBank to create the world’s largest solar project is the latest gambit to transform the oil-rich kingdom under Crown Prince Mohammed Bin Salman. But friction ...

  • CNBC7 days ago

    A new satellite project to livestream the Earth says it's backed by SoftBank, Airbus and Bill Gates

    A company called EarthNow plans to use satellites to provide "live and unfiltered" footage of almost anywhere on earth.

  • Reuters8 days ago

    SoftBank invests in Southeast Asian P2P lender

    SINGAPORE, April 18 (Reuters) - Peer-to-peer lending platform Funding Societies said it raised $25 million in a funding round led by SoftBank Ventures Korea, an early stage venture capital arm of SoftBank ...

  • Softbank courts tronc
    American City Business Journals9 days ago

    Softbank courts tronc

    Softbank has set its sights on tronc, tossing its name into the ring as a possible buyer for the publishing company.

  • Tronc Jumps On Report Of SoftBank Interest In Chicago Tribune Publisher
    Investor's Business Daily9 days ago

    Tronc Jumps On Report Of SoftBank Interest In Chicago Tribune Publisher

    The Japanese conglomerate SoftBank is reportedly the latest in a string of potential buyers for the newspaper publisher Tronc as newsrooms continue to unionize. 

  • Why the "Uber of Trucking" in China Has Caught the Attention of a Billionaire Investor
    Motley Fool9 days ago

    Why the "Uber of Trucking" in China Has Caught the Attention of a Billionaire Investor

    Masayoshi Son’s ambitious Vision Fund sets its sights on Chinese logistics.

  • SoftBank Is Treating Its Bondholders Like Dirt
    Bloomberg9 days ago

    SoftBank Is Treating Its Bondholders Like Dirt

    It isn't wise to alienate your creditors when you have this much debt.

  • Tronc surges on report that Softbank is interested in pos...
    CNBC Videos9 days ago

    Tronc surges on report that Softbank is interested in pos...

    CNBC's Dominic Chu reports on Tronc shares surging after Softbank shows interest in a possible bid for the company.