Sam Nussey
Stories by Sam Nussey
SoftBank targeting IPO for QR code payment app PayPay
PayPay has acquired almost 40 million users since its launch in October 2018.
Japan’s SoftBank to retire treasury shares after group’s largest-ever buyback
SoftBank has spent more than $20 billion on buybacks since March last year.
SoftBank Vision Fund seen posting record earnings driven by gains on Coupang
SoftBank's 37% stake in Coupang was worth around $30 billion at the end of the March quarter.
Hitachi to buy US software developer GlobalLogic for $9.6b as it pivots to digital services
GlobalLogic is owned 45% each by Canada Pension Plan Investment Board and Swiss investment firm Partners Group.
SoftBank’s Masayoshi Son eyes bringing Coupang services to Japan
SoftBank's Vision Fund markets itself to potential investments as offering a gateway to Japanese markets.
Japan’s Kintetsu to sell hotel portfolio to Blackstone as PE activity grows
The Kintetsu deal is the third corporate carve-out for Blackstone.
Rakuten ropes in Japan Post as biggest shareholder in fight against Amazon
Rakuten, which plunged to an operating loss in 2020, is under pressure on multiple fronts.
SoftBank strategy chief Katsunori Sago to step down
Sago, a Goldman Sachs alumnus, took the newly created strategy job at SoftBank in 2018.
SoftBank’s internet arm to invest $5b over five years to defend against overseas rivals
Z Holdings is targeting sales of $19b and operating income of $2.11 billion in three years.
IPO-bound Korean e-tailer Coupang set to be SoftBank Vision Fund’s top portfolio asset
At a target valuation of $50b, the firm could surpass DoorDash Inc.
