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SoftBank returns to profit
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
SoftBank
Vision Fund's CFO told BI that "macro tailwinds" helped ... because they effectively lower the cost of capital and provide a good tailwind for
IPO
activity." He also said: "We have a late-stage portfolio that's now valued at about $34 billion ...
SoftBank Gets Boost From Vision Fund to Forge Big Bets in AI
SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio.
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Masayoshi Son’s SoftBank Group swung to a ¥1.2tn ($7.8bn) profit in its latest quarter, driven by a string of successful initial public offerings in India and better tech valuations. The company’s results easily beat analysts’ forecasts for a profit of just ¥286.
2d
on MSN
SoftBank-backed Swiggy's shares soar 15% on India market debut after stellar IPO
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion ...
4h
The US IPO window hasn’t reopened yet, but startups take what they can
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox ...
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1d
Swiggy sees 15% surge in IPO debut
Swiggy experiences a remarkable 15% increase on its IPO debut, marking an impressive entry into the stock market.
1d
on MSN
SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
British online bank Zopa is on track to double pre-tax profits and increase revenue by more a third in 2024, CEO Jaidev ...
NBC Chicago
4d
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
Shares of Indian food delivery giant Swiggy soared over 9% on their trading debut Wednesday after its teh company's stellar ...
cnbctv18
3d
SoftBank swings back to profit on the back of India's IPO market boom
SoftBank
has clocked a steep quarterly increase in profits having earned a net income of ¥1.18 trillion ($7.7 billion) in ...
2d
on MSN
India’s Swiggy defies weak market in largest 2024 tech IPO globally
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's ...
cryptopolitan
3d
SoftBank revives portfolio with AI strategy
Japanese multinational investment firm SoftBank reported a revenue of ¥1.18 trillion ($7.7 billion) in the previous quarter, ...
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