Masayoshi Son

Japan’s SoftBank has decided to sell its over 20 percent stake in e-commerce major Flipkart to US retailer Walmart for an estimated US $4 billion. “SoftBank confirms the sale of its entire stake in Flipkart to Walmart,” a SoftBank spokesperson...

Japan’s SoftBank Group Corp has not yet decided to sell its 20-22 percent stake in Flipkart to US retailer Walmart Inc, sources with direct knowledge of the development told PTI. According to a PTI report: SoftBank’s Masayoshi Son will take...

Walmart has picked up 77 percent stake in Bengaluru-based e-commerce major for a whopping US $16 billion. “Walmart will pay approximately US $16 billion for an initial stake of approximately 77 percent in Flipkart, formally Flipkart Private Limited. The remainder...

Global retail giant Walmart is inching close to sealing the deal to buy a majority stake in Flipkart for as much as US $12 billion, even though rival Amazon is still jostling to turn the deal in its favour. According...

Flipkart, India’s leading e-commerce marketplace, has announced an investment - a mix of primary and secondary capital - from SoftBank Vision Fund, the world’s largest technology-focused investment fund. This is the biggest ever private investment in an Indian technology...

Leading e-tailer Snapdeal on Monday said it was terminating strategic discussions to sell its stake, ostensibly to rival Flipkart, as it had decided to pursue an independent path. "As we have been exploring strategic options over the months, we have...

Paytm has announced an investment of US $1.4 billion by the SoftBank Group, the Japanese Internet and telecom major, in One97 Communications Limited, the entity that operates India’s largest mobile payments and commerce platform under the Paytm brand. This...

Under fire from investors, SoftBank Group Corp President Nikesh Arora is stepping down, marking an abrupt end to the tenure of founder and Chief Executive Masayoshi Son’s handpicked successor. SoftBank was founded as a software distributor in 1981 by Masayoshi...

Snapdeal co-founders Kunal Bahl and Rohit Bansal, who raised funding of $627 million for their company from Japanese billionaire Masayoshi Son's SoftBank, also contributed their mite making personal investments in the just concluded round as media reports have indicated. The...