SFTBF News and Press, Softbank Corp Fgn From 07/30/21

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund – Institutional Class gained 3.26% in 2021’s secon...

Interesting SPAC championing diversity. Lowest price among a set of similar SPACs including 1/2 warrant alongside a unit. Team seems somewhat lacking in investment banking/deal-sourcing experience. Measures are in place to mitigate deal-sourcing challenges. Diversity focus...

Sundry Photography/iStock Editorial via Getty Images SoftBank ([[SFTBF]],[[SFTBY]]) Vision Fund's 20.1% stake in beleaguered ride-hail company Didi (DIDI) has dropped in value from $11.8B to $7.8B as outlined in a new Financial Times report.  Chinese regulators are cracking down on Didi,...

amlanmathur/iStock Editorial via Getty Images The new financing round, a Series J, includes the $800 million investment the Bangalore-based startup had disclosed to employees earlier this year, according to techcrunch. SoftBank's Vision Fund 2, technology investor Prosus, Goldman Sachs and Qa...

Naturecreator/iStock Editorial via Getty Images Digital payments giant Paytm, one of India's most valuable startups, intends to raise up to $2.2B in an IPO, according to draft papers submitted to the country's market regulator. It will use the fresh capital to broaden its payments services, e...

Newly IPO'd Full Truck Alliance (NYSE: YMM) is often described as China's " Uber for trucks," and for good reasons. For one, the company operates a smartphone app that matches shippers and truckers -- much like how Uber links riders and drivers. In addition, Full Truck Allia...

Koki Nagahama/Getty Images News SoftBank ([[SFTBF]],[[SFTBY]]) business Z Holdings will pay 178.5 billion yen ($1.61B) for the rights to Yahoo branding and technology in Japan in perpetuity. The new agreement will happen after Verizon (VZ) offloads its media assets to private equity firm Apol...

This real-money portfolio was first introduced to the Seeking Alpha community in December 2015. The portfolio underperformed its benchmark in Q2 2021 but it is currently outperforming the S&P 500's performance since late 2015. The portfolio was overweight Financials and Indust...

News broke over the weekend that the Cyberspace Administration of China ordered app stores to remove DiDi's app. The prompt conclusion of the investigation leading to the suspension of app downloads just days after DiDi went public led to wild speculations about Beijing's intentions. ...

Klaus Vedfelt/DigitalVision via Getty Images DiDi Global (DIDI) isn't the only U.S.-listed Chinese company to removed from app stores by Beijing. Truck-hailing service Full Truck Alliance Co. (YMM) an online recruiting app Kanzhun (BZ) - backed by tech giant Tencent (TCEHY) - have also been t...