SoftBank Group

SoftBank Group

SoftBank Group is a multinational conglomerate holding company investing in businesses and technologies based in Minato, Tokyo-based company founded in 1981 by Masayoshi Son.

SoftBank Group is a multinational conglomerate holding company investing is business and technologies that is headquartered in Tokyo, Japan and was founded in 1981 by Masayoshi Son. The companies global portfolio consists of companies operating in several industries which include: telecommunications, internet services, AI, smart robotics, IoT and clean energy. As of March 31, 2019 Softbank Group has 76,866 employees, 1302 subsidiaries, 423 associates, 26 joint ventures, net sales of $9,602.2 billion, an operating income of $2,353.9 billion, and a net income of $1,411.2 billion. Notable companies held by SoftBank group include: Arm Holdings, Boston Dynamics, Yahoo Japan, Fortress Investment Group, Alibaba, Ola, Renren, Hike, Snapdeal, and WeWork.

History

Founded as a telecommunications company, SoftBank also runs businesses in e-commerce, finance, broadband, and marketing. SoftBank is headed by chairman and CEO Masayoshi Son.

Mergers/acquisitions
Nvidia

On September 14, 2020, SoftBank Group announced selling British chip designer Arm Ltd. to Nvidia for up to $40 billion. In 2016, SoftBank Group purchased Arm Ltd. for $32 billion. Nvidia will be paying SoftBank Group with $21.5 billion in common stock and $12 billion in cash, $2 billion of which will be paid at the official signing of the deal. Nvidia will also be issuing $1.5 billion in common stock to Arm employees and SoftBank Group may receive up to $5 billion in common stock or cash depending on the performance of Arm.

Timeline

September 14, 2020
SoftBank announced deal to sell Arm Ltd. to Nvidia for $40 billion.
July 26, 2019
SoftBank announces AI-focused second $108 billion Vision Fund with LPs including Microsoft, Apple and Foxconn.
December 10, 2018
SoftBank's IPO reaches $23.5 billion
October 1, 1984
SoftBank, formerly Japan Telecom Co, LTD, is founded

Funded Companies

Company
Description
Industry
Website
Location
ByteDance

ByteDance's is a Chinese AI company focused on content delivery.

Zymergen, founded in 2013 and located in Emeryville, California, is a technology company providing organisms engineering services. Their biotechnology labs rely on advanced manufacturing technologies, machine learning techniques, and genomics to accelerate the design, build, test cycle of microorganisms.

A company operating an online marketplace for products such as mobile devices, electronics, apparel and accessories.

A platform in New York that focuses on providing office space, mail and package handling, conference rooms, weekly events, high-speed internet and community networking to customers.

Guardant Health is a Redwood City, California-based biotechnology company developing precision oncology treatments.

An insurance technology company using artificial intelligence and behavioural economics to offer home and renters insurance.

QuintoAndar is a Brazilian company who offers an online rental platform which allows renters to find a rental without a co-signer, deposit or rental insurance and offers landlords protection against insolvent renters.

A biotechnology company offering a genomics platform supporting scientific research into life sciences such as oncology, immunology, and neuroscience.

Grab is a technology company providing a ride-hailing platform for booking service for taxis, private cars and motorbikes through a mobile device.

Policybazaar is a company operating as an insurance aggregator website. It provides comparative analysis of insurance products and financial services from insurance companies.

Whoop is a performance optimization system for elite athletes and teams.

Delhivery is a Gurgaon-based hospitality company.

Rappi is a delivery service company operating in Latin American countries.

Kabbage is a financial technology and data company offering loans for small businesses.

American web portal and online service provider

52 Results
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Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
SoftBank Group Private equity, July 2018
1,000,000,000
July 12, 2018
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People

Name
Role
LinkedIn

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

IDC Frontier

ARM

UK

Boston Dynamics

GungHo Online Entertainment

Schaft

Softbank BB

News

Title
Author
Date
Publisher
Description
OneWeb
January 16, 2021
www.prnewswire.com:443
/PRNewswire/ -- OneWeb, ein Unternehmen für Satellitenkommunikation im erdnahen Orbit (Low Earth Orbit, LEO), das sich im gemeinsamen Besitz der britischen...
OneWeb
January 15, 2021
www.prnewswire.com:443
/PRNewswire/ -- OneWeb, la compañía de comunicaciones por satélite de Órbita Terrestre Baja (LEO) propiedad conjunta del Gobierno del Reino Unido y Bharti...
Pavel Alpeyev | Bloomberg
January 7, 2021
@bsindia
If demand for IPOs continues to be robust, it would improve the prospects for the remaining 100 or so startups in SoftBanks portfolio
Hyundai Motor Group
December 11, 2020
www.prnewswire.com:443
/PRNewswire/ -- Hyundai Motor Group and SoftBank Group Corp. (SoftBank) today agreed on main terms of the transaction pursuant to which Hyundai Motor Group...
Emily Graffeo
December 10, 2020
markets.businessinsider.com
Reuters/Issei Kato David Gibson of Astris Advisory Japan told CNBC on Thursday Softbank will reap a roughly $10 billion profit from its invest...
Emily Graffeo
December 10, 2020
markets.businessinsider.com
Reuters/Issei Kato David Gibson of Astris Advisory Japan told CNBC on Thursday Softbank will reap a roughly $10 billion profit from its invest...
Pavel Alpeyev and Giles Turner | Bloomberg
December 9, 2020
@bsindia
Masayoshi Son wouldnt buy more shares himself, but his ownership stake, now about 27 per cent, would increase as other investors sell stock
Pavel Alpeyev
December 9, 2020
DealStreetAsia
One advantage of the plan is that SoftBank wouldn't have to pay a premium unlike in a formal buyout.
Giles Turner and Pavel Alpeyev | Bloomberg
December 2, 2020
@bsindia
SoftBank shareholders balked after SoftBanks foray into derivatives trading was first disclosed in September, cutting the companys market value by as much as $17 billion
Pavel Alpeyev and Takahiko Hyuga | Bloomberg
November 27, 2020
@bsindia
Nomura Holdings raised its target to 9,100 yen from 8,190 yen citing the same reason. Both brokerages have a buy rating on SoftBank.
Alex Wilhelm
November 12, 2020
TechCrunch
It's hard to think back to the Vision Fund era today, given the oddities that 2020 has brought. But SoftBank's gravity-bending investment vehicle only stopped investing last September, ending its disbursement of huge blocks of cash from a total committed capital pool worth nearly $99 billion. The Vision Fund was a wrecking ball, smashing into [...]
Pavel Alpeyev | Bloomberg
November 9, 2020
@bsindia
Firm reveals details of controversial derivatives trading
Takahiko Hyuga
November 8, 2020
Bloomberg.com
As Softbank Group Corp. tries to rebuild its reputation as a startup investor, the Japanese conglomerate will be able to point to several recent successes, including an obscure Chinese property startup that pulled off a blockbuster initial public offering.
Takahiko Hyuga
November 9, 2020
DealStreetAsia
SoftBank has engineered a comeback this year after missteps with startups like WeWork.
Reuters
November 6, 2020
@bsindia
TOKYO (Reuters) - SoftBank Group Corp <9984.T> shareholders have an $80 billion (£61 billion) question for Chief Executive Masayoshi Son when he presents the Japanese tech investment giants earnings on Monday: Just what will he do with that cash, due in from assets sold since March?
BS Web Team
September 2, 2020
@bsindia
Business Standard brings to you a snapshot of the stories which made it to the headlines today
Bloomberg
August 28, 2020
@bsindia
The Tokyo-based parent said it will sell 927 million shares in SoftBank through a global secondary offering, about a third of its stake
Pavel Alpeyev and Takahiko Hyuga | Bloomberg
August 19, 2020
@bsindia
Oyo has struggled in Japan even with the full endorsement of SoftBank
Bloomberg
August 18, 2020
@bsindia
The Japanese conglomerate owned $1.04 billion of Amazon stock, its biggest investment, a $475 million stake in Alphabet, $248.6 million of Adobe and $189 million of Netflix
Ron Amadeo
July 23, 2020
Ars Technica
Who will buy one of the world's most widespread chip designers?
SHOW MORE

References

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