Recent events
Recent events tied to this brand in public sources.
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2021
Buser raises $138 million
Brazilian intercity bus booking service Buser raised $138 million in a funding round.
2021
Buser raises R$700 million in funding
Brazilian intercity bus transportation app Buser raised R$700 million (US$138 million) in a capital round. The company said it would use the funding for an investment plan in Brazil over the next two years, including entry into new business areas.
2021
Balmuda announces plan for a 5G Android phone in Japan
Balmuda announced that it would launch a 5G Android phone in Japan. The phone is to be specially designed for SoftBank, with an unlocked version also offered for purchase; the article says its design and detailed specifications were not yet known.
2021
SoftBank reports fiscal 2020 results
SoftBank reported results for the fiscal year ended March 31, 2021, including net sales of 5.6282 trillion yen and net profit attributable to shareholders of its parent of 4.9879 trillion yen.
2021
SoftBank sues Rakuten over alleged use of leaked 5G information
SoftBank said it filed a damages suit against Rakuten Mobile and a former employee, alleging they illegally used SoftBank's 5G network technology information leaked by the former employee.
2021
SoftBank agrees to acquire 40% of AutoStore
SoftBank announced that it agreed to acquire a 40% stake in Norwegian warehouse-automation technology company AutoStore for US$2.8 billion. The shares were to be acquired from Thomas H. Lee Partners and EQT; the transaction valued AutoStore at US$7.7 billion including debt.
2021
Greensill Capital files for bankruptcy protection
Greensill Capital, a UK supply-chain finance company that received investment from SoftBank Vision Fund, applied for bankruptcy protection.
2021
Didi Mobility and SoftBank fined over joint venture
China's State Administration for Market Regulation fined Didi Mobility Pte. Ltd. and SoftBank Corp. RMB 500,000 each for implementing a joint venture without filing. The authority said the concentration did not have the effect of eliminating or restricting competition.
2021
SoftBank settles legal dispute with WeWork committee and Adam Neumann
SoftBank said it reached a settlement with WeWork's special committee and former CEO Adam Neumann, ending a legal battle dating back to 2019. The settlement terms were not disclosed.
2021
US FTC investigates Nvidia’s proposed Arm acquisition
The US Federal Trade Commission began requesting information from third parties and sought additional information from SoftBank, Nvidia and Arm as part of a follow-up investigation into Nvidia’s proposed acquisition of Arm. The article characterizes the inquiry as an antitrust investigation.
2021
Oyo and SoftBank end Latin American joint venture
Oyo Latam and the SoftBank Latin America Fund ended their joint venture in Latin America. The companies said the decision was made jointly amid challenges brought about by the coronavirus pandemic.
2021
SoftBank and Adam Neumann settle dispute
SoftBank and Adam Neumann settled a dispute in February 2021. The final agreement included more than $105 million in cash payments by SoftBank and its affiliates.
2021
SoftBank announces chairman and CEO succession
SoftBank announced that Ken Miyauchi would succeed Masayoshi Son as chairman and that Junichi Miyakawa would succeed Miyauchi as CEO. The report describes the succession as upcoming, not completed.
2021
OneWeb secures additional funding from SoftBank and Hughes
OneWeb announced that it secured additional funding from SoftBank and Hughes, bringing its total funding to $1.4 billion. The announcement said the capital raised to date positions the company to be fully funded for its first-generation fleet of 648 satellites by the end of 2022.
2021
SoftBank invests $350 million in OneWeb
SoftBank invested $350 million in satellite internet startup OneWeb and received a seat on its board, according to the report.
2021
MadeiraMadeira raises $190 million
Brazilian online home goods platform MadeiraMadeira said it raised $190 million in a funding round that valued the company above $1 billion.
2021
SoftBank exits India's renewable energy market
SoftBank ended its participation in India's renewable energy market by selling its 80% stake in SB Energy to CPPIB.
2021
SoftBank sells its stake in SB Energy to CPPIB
SoftBank sold its 80% stake in the SB Energy joint venture platform to the Canadian Pension Plan Investment Board (CPPIB); Bharti Enterprises retained its 20% stake.
2020
PLDT Global and SoftBank partner to provide enterprise internet in Japan
PLDT Global, PLDT's international arm, formed a partnership with Japan-based SoftBank to provide internet service for small, medium and large enterprise clients in Japan.
2020
Hyundai Motor Group announces acquisition of controlling stake in Boston Dynamics
Hyundai Motor Group agreed to acquire about 80% of Boston Dynamics, while SoftBank would retain about 20% through an affiliate after the transaction. The article also says the deal was awaiting regulatory approval and other customary closing conditions.