Japanese telco giant SoftBank has confirmed the size of its investment into Didi Chuxing, aka the Uber of China, and the figure is $5 billion (~¥550,000M).
JapanesetelcogiantSoftBankhasconfirmedthesizeofitsinvestmentintoDidiChuxing,akatheUberofChina,andthefigureis$5billion(~¥550,000M).ThelastiteminSoftBank’sfiscaly
U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States, and the companies said the positions were part of a previously disclosed pledge by Japan's SoftBank Group Corp.
Saudi Arabia and Japan's SoftBank Group (9984.T) said they will create a technology investment fund that could grow as large as $100 billion, aiming to create one of the world's largest private equity funds.
Singapore sovereign wealth funds bought US$1 billion (S$1.38 billion) of Chinese e-commerce giant Alibaba Group Holding's shares as part of a US$8.9 billion sale by Japan's SoftBank Group, Alibaba's biggest shareholder, the company said on Wednesday (June 1).
Japan's mobile telecommunications behemoth SoftBank Group Corp. will sell a long-held investment worth 7.9 billion U.S. dollars in Chinese e-commerce giant Alibaba Group to enhance its fiscal situation, as it eyes, in part, in rehabilitating its activities in its U.S. communications market, local media said Wednesday.
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