Sam Nussey
Stories by Sam Nussey
SoftBank’s Son defends guts-led investing in chat with Alibaba’s Ma
SoftBank owns 26% of Alibaba with its origin in a $5 million investment in 2000, and the stake is now worth more than the Japanese firm’s market cap
Japanese fashion tycoon Maezawa shows off $900m SoftBank payday
The deal saw Maezawa reduce his stake in the fashion company to 18%.
SoftBank announces Yahoo Japan-Line merger to create $30b tech giant
The transaction will see SoftBank Corp and Naver form a 50:50 venture that will control Z Holdings, which will in turn operate Yahoo Japan and Line.
SoftBank Corp-backed Yahoo Japan confirms merger talks with Line
Yahoo Japan, which last month changed its name to Z Holdings, said discussions were underway with Line but nothing had been decided.
WeWork Japan can become profitable ‘in near future’, says SoftBank
SoftBank was forced to rescue WeWork last month following a flopped IPO attempt.
After WeWork debacle, SoftBank boss Son to adopt cautious IPO course
Vision Fund would now look to see companies list when they were closer to achieving profitability.
SoftBank says WeWork’s Japan unit can become profitable ‘in near future’
SoftBank was forced to rescue WeWork last month following a flopped IPO attempt.
SoftBank to book $2.56b second-quarter gain on Alibaba stake
SoftBank, which will report earnings for the July-September quarter on Nov. 6, has a 26% stake in Alibaba.
WeWork Japan gets new head for local operations
Kazuyuki Sasaki moves from managing director to CEO of WeWork Japan.
Yahoo Japan offers to buy majority stake in online fashion retailer Zozo for $3.7b
Zozo founder Yusaku Maezawa will sell around 30% of the retailer in a tender offer to Yahoo Japan.
