Softbank

India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in the last financial year which concluded in March, three sources told Reuters, missing its publicly disclosed revenue…

Paytmposted a narrower loss after winning more users, helped by a campaign to target customers such as small merchants.The SoftBank Group Corp.-backed fintech company reported a net loss of 3.57 billion rupees ($43.6 million) for the…

Take the latest earnings conference call, held on 21 May. At least two analysts quizzed Barua on Amazon and Flipkart—the two e-commerce giants run their own logistics operations but have recently started third-party…

Eruditus, a provider of executive education programmes, has recorded a 63% increase in revenue for the year through June 30 and turned operationally profitable in the last quarter, its founder and chief executive told ET.Revenue rose to…

SoftBank is considering a U.S. listing for its PayPay payments business, three sources familiar with the matter said, in what could mark another American listing for Masayoshi Son's sprawling tech conglomerate along with chip designer…

Rajeev Misra is the CEO of SoftBank Investment Advisers, which manages the $100-billion Vision Fund I with investments in several Indian startups including Ola, Oyo and Paytm. He has also set up his own fund, One Investment Management, with…

SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week, following an approximate 30% reduction last fiscal year, according to people familiar with the matter. About 13% of the Vision Fund…

SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to "offence mode" after having cut back its investing activity to shore up its finances."The time has come to shift to offence…

SoftBank Group's Chief Executive Masayoshi Son said on Tuesday he is a "heavy user" of ChatGPT, the artificial intelligence-powered chatbot from Microsoft-backed startup OpenAI.Son said he is speaking "almost everyday" to OpenAI CEO Sam…

The ongoing funding winter for Indian startups looks unlikely to end anytime soon with new-age companies scooping up only $174 million, across 20 rounds, last week, according to data provided by market intelligence firm Tracxn. Funding…