SFTBY - SoftBank Group Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
44.56
-0.92 (-2.02%)
At close: 3:59PM EDT
Stock chart is not supported by your current browser
Previous Close45.48
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume358,993
Market Cap97.13B
Beta1.10
PE Ratio (TTM)8.29
EPS (TTM)5.38
Earnings DateN/A
Forward Dividend & Yield0.20 (0.44%)
Ex-Dividend Date2018-03-28
1y Target EstN/A
Trade prices are not sourced from all markets
  • Musk says Silver Lake, Goldman will advise Tesla in take-...
    CNBC Videos8 days ago

    Musk says Silver Lake, Goldman will advise Tesla in take-...

    The 'Squawk Box' team discuss Tesla CEO Elon Musk's announcement that Silver Lake and Goldman Sachs will advise the company in take-private talks.

  • Getaround raises $300 million Series D round led by SoftBank
    TechCrunch19 hours ago

    Getaround raises $300 million Series D round led by SoftBank

    SoftBank has landed on its next target. Getaround, the peer-to-peer car rental startup that first launched at TechCrunch Disrupt NY in 2011, has raised a $300 series D round led by SoftBank with participation from Toyota Motor Corporation and others. Getaround had previously raised $88 million in venture capital, with its previous round coming at $45 million last November. The plan with the funding is to expand Getarounds product offerings and partnerships, and get into additional markets in the U.S. and internationally.

  • SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent
    Bitcoin Magazine17 hours ago

    SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent

    Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain.Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain. The new information comes on the heels of a report that shows Bitmain unloaded most of its bitcoin (BTC) to accumulate bitcoin cash (BCH).According to last week's story, SoftBank and Tencent invested an undisclosed amount of money in the world's most valuable bitcoin mining rig maker, bringing its valuation to about $15 billion a few weeks before its planned Hong Kong IPO. Originally published on the Chinese platform QQ on August 4, 2018, the story was rapidly reproduced and reblogged around the world, It claimed that the funding round was made up of several investors including China Gold, SoftBank and Tencent.Crypto news publication Cointelegraph reports, however, that following last week's widely syndicated story, an anonymous source reached out with a tip stating that neither SoftBank nor Tencent were actually involved in the pre-IPO funding round. Responding to Bitcoin Magazine ’s request for comment, Kenichi Yuasa of SoftBank's corporate communication office called the rumors “background talk” not worth mentioning, stating: Neither the SoftBank Group Corp. nor the SoftBank Vision Fund were involved in the deal. SoftBank has been noted for its interest in blockchain technology, having trialed a blockchain-based, cross-carrier telecom payment system in September 2017. Tencent, for its part, is now counted as a truly global tech player, having surpassed Facebook's market capitalization in 2017. Investment from either of these behemoths would not only strengthen Bitmain's financial position but would also indicate to the market that they believe in its long-term growth potential.Conversely, if the story was shared with an intent to deceive the market, this could lend credence to a growing number of voices that believe that Bitmain is not inhabiting the fantastic market space it claims to be. Blockstream Chief Strategy Officer Samson Mow is one of those voices. On August 11, 2018, Mow posted a tweet showing Bitmain's Q1 2018 results with the following comment:Why is Bitmain raising capital so fast & only showing Q1 results to pre-IPO investors? We're well into Q3 now. The reason is Q2 was a disaster. Bitmain is sitting on a massive $1.24 billion in inventory & S9 prices dropped by ~85%! Q2 losses range in the $600-700 millions.In response, other voices around the crypto world have also been speculating about Bitmain's exact market position. Some opine that it is possible that Bitmain is not being totally upfront about its market position, in essence sitting on an extensive inventory of unsold miners in a bear market and trying to use an IPO as an exit strategy to leave investors figuratively holding the bag.Responding to a request for comment from Bitcoin Magazine Tina Dang from Bitmain's International PR and Communications Department said, "Unfortunately, we are unable to comment on these topics."Updates to follow as this story develops. This article originally appeared on Bitcoin Magazine.

  • Reuters19 hours ago

    Car-sharing startup Getaround raises $300 million in funding led by SoftBank

    Toyota Motor Corp and some other existing investors were also part of the Series D funding round, Getaround said. The company, founded in 2013, has been operating its car-sharing service in 66 U.S. cities including San Francisco, Chicago and Washington D.C.

  • Reuters19 hours ago

    Car-sharing startup Getaround raises $300 million in funding led by SoftBank

    Toyota Motor Corp and some other existing investors were also part of the Series D funding round, Getaround said. The company, founded in 2013, has been operating its car-sharing service in 66 U.S. cities including San Francisco, Chicago and Washington D.C.

  • CNBC19 hours ago

    Getaround car-share service raises $300 million in new funding round

    Getaround, the car-share company that lets drivers rent their vehicles to strangers, is gearing up for more growth fueled by a new round of funding. The company has raised $300 Million in Series D funding led by the SoftBank Vision Fund. Toyota and company insiders also provided money in the latest financing round.

  • SoftBank Invests in Another Ride-Sharing Startup: Getaround
    Bloomberg19 hours ago

    SoftBank Invests in Another Ride-Sharing Startup: Getaround

    SoftBank Group Corp. is leading a $300 million funding round into Getaround, a San Francisco-based car-sharing service. SoftBank has already invested in ride-sharing companies including India’s Ola, Singapore’s Grab and China’s Didi Chuxing, as well as Uber Technologies Inc. Earlier this year, SoftBank also announced a $2.25 billion investment in General Motor Co.’s self-driving unit, Cruise. The deal valued Getaround at more than $800 million, including the money it’s raised, according to a source familiar with the discussions, who asked not to be identified because the matter is private.

  • Reuters20 hours ago

    Japan pushing to end smartphone bundling, cut wireless fees: source

    Japan is aiming to force wireless carriers to cut their monthly fees and stop bundling the cost of smartphones with wireless services, a senior telecoms ministry source said on Tuesday, in a move that is likely to hit Apple Inc. Japan's top wireless carriers, NTT Docomo Inc, KDDI Corp and SoftBank Group Corp, typically provide phones without upfront charges as part of fixed-term contracts that can cost as much as 10,000 yen ($90.51) a month.

  • Japan pushing to end smartphone bundling, cut wireless fees: source
    Reuters20 hours ago

    Japan pushing to end smartphone bundling, cut wireless fees: source

    Japan is aiming to force wireless carriers to cut their monthly fees and stop bundling the cost of smartphones with wireless services, a senior telecoms ministry source said on Tuesday, in a move that is likely to hit Apple Inc. Japan's top wireless carriers, NTT Docomo Inc, KDDI Corp and SoftBank Group Corp, typically provide phones without upfront charges as part of fixed-term contracts that can cost as much as 10,000 yen ($90.51) a month.

  • The Wall Street Journal20 hours ago

    [$$] SoftBank Leads $300 Million Investment In Getaround

    Corp. Previously Getaround raised about $88 million, according to PitchBook Data, which estimated the pre-money valuation of that round at $600 million. It’s the latest late-stage mega-investment round led by SoftBank, which has about $98 billion it is investing in technology companies like WeWork and Uber, which has a partnership with Getaround. San Francisco-based Getaround, which helps people to rent cars from car owners, operates in 66 U.S. cities, and in the past year it expanded into Boston, Los Angeles and Seattle.

  • SoftBank-Backed Cohesity Hits $200 Million Annual Sales Pace
    Bloombergyesterday

    SoftBank-Backed Cohesity Hits $200 Million Annual Sales Pace

    Cohesity Inc., a data-storage company backed by SoftBank Group Corp., disclosed some of the sales-growth numbers that prompted Masayoshi Son’s Vision Fund to make a rare investment in enterprise technology. The closely held company, whose software connects organizations’ various data backup systems, said it has reached an annual revenue run rate -- a calculation of the annual number based on the current level of sales -- of more than $200 million, compared with $100 million two quarters ago. Sales almost quadrupled in fiscal 2018, which ended July 31, the San Jose, California-based company said Tuesday in a statement.

  • Investopedia5 days ago

    Delivery Startup DoorDash Almost Triples Valuation to $4B

    DoorDash Inc.’s aggressive expansion drive has seen its valuation nearly triple in less than six months. In a press release, the food delivery startup revealed that it raised $250 million in venture capital funding that valued it at $4 billion. This latest cash injection came just five months after DoorDash tapped the likes of SoftBank Group Corp., Sequoia Capital and Singapore’s GIC Pte Ltd. sovereign-wealth fund for $535 million in a Series D financing round that valued it at $1.4 billion.

  • Financial Times6 days ago

    [$$] DoorDash raises $250m less than 6 months after SoftBank injection

    The latest round, led by Coatue Management and DST Global, brings DoorDash’s total investment to almost $1bn. San Francisco-based DoorDash has struck partnerships with several large restaurant chains, including Chipotle, Wendy’s, IHOP and The Cheesecake Factory. It has also expanded a recent pilot with Walmart as it looks beyond restaurants for growth.

  • Reuters8 days ago

    Nikkei rebounds from 5-week low as Turkish lira recovers

    Japan's Nikkei rebounded from a five-week low on Tuesday, as export-driven firms benefited from a pause in the safe-haven yen's appreciation following the Turkish lira's partial recovery. A strong yen cuts Japanese manufacturers' profits made abroad when repatriated, and the respite on the currency front allowed recent losers such as electric machinery shares to rise on short-covering, while index-heavyweight stocks like SoftBank and Fast Retailing also surged.