6 Followers TSE:9984 - SoftBank Group Corp SoftBank Group Corp
Sector: Communication Services, Industry: Integrated Telecommunication Services
Next Earnings: 8 Aug 2022
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JPY 5,131    -104 (-1.99%)
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1 Jul 2022


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General

Description

SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 28% stake in Chinese e-commerce giant Alibaba and a 40% owned mobile and fixed broadband telecom operator business in Japan. It also owns 75% of semiconductor chip designer ARM Holdings although has agreed to sell this and is waiting on regulatory approvals, and has a vast portfolio of mainly Internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in Softbank Vision Fund 2, both of which primarily invest in pre-IPO Internet companies.

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