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Tech fund drives SoftBank Group profit up 36 percent

Japan's SoftBank Group on Thursday reported annual net profit jumped more than a third, helped by gains from its investment fund which has ploughed billions into some of the hottest names in the tech sector.

Ride-hailing firm Grab secures $1.5 billion in funding

Southeast Asian ride-hailing firm Grab said on Wednesday it has secured $1.5 billion in fresh financing from a fund run by Japan's SoftBank and will use a significant portion of it to expand in Indonesia.

Softbank scales back WeWork investment to $2 bn

Japanese technology giant SoftBank has invested $2 billion in shared-office provider WeWork, considerably less than the US start-up was hoping for to fund its expansion.

SoftBank scaling back WeWork investment: report

SoftBank is scaling back plans for fresh investment in shared-office provider WeWork, reports said Tuesday, slashing a multi-billion-dollar injection in the loss-making company.

SoftBank mobile unit in record IPO but market debut flops

Japanese technology giant SoftBank celebrated the world's second-biggest IPO for its mobile unit Wednesday but the newly traded shares endured a torrid time in their debut session, plunging nearly 15 percent.

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