Japan's SoftBank concludes run as Alibaba's biggest shareholder ...
Japanese investment holding firm SoftBank Group Corp has largely cleared its ownership in e-commerce giant Alibaba Group Holding, concluding one of the most successful deals in …
SoftBank moves to sell down most of its Alibaba stake - Financial Times
Apr 13, 2023 · SoftBank has moved to sell almost all of its remaining shareholding in Alibaba, limiting its exposure to China and raising cash as the market downturn pummels the value of …
Once Alibaba’s main investor, SoftBank sheds remaining stake
May 14, 2024 · SoftBank, once Alibaba's biggest investor, has sold its stake in the Chinese tech company, it told investors on an earnings call. On Monday, CFO Yoshimitsu Goto detailed that …
Alibaba: SoftBank is selling its crown jewels to ride out ‘severe ...
Aug 11, 2022 · SoftBank is set to gain more than $34 billion by cutting its stake in Alibaba (BABA), the crown jewel of its investment portfolio, after posting record losses on its tech bets …
SoftBank Group says Alibaba stake dumped, as it shifts to AI
May 13, 2024 · TOKYO -- SoftBank Group on Monday said it has shed almost its entire stake in Alibaba Group Holding, as it focuses on investments in artificial intelligences after posting a …
Alibaba's Hong Kong shares slump on SoftBank's stake sale report
Apr 12, 2023 · SoftBank booked a $34 billion gain last year by cutting its Alibaba stake to 14.6% from 23.7%, as the firm sought to shore up cash reserves amid steep losses incurred by its …
SoftBank Aims To Sell Nearly All Its Stake In Alibaba - Forbes
Apr 13, 2023 · Billionaire Masayoshi Son ’s SoftBank Group is aiming to sell the majority of its stake in Chinese e-commerce giant Alibaba, the Financial Times reported, bolstering the …
SoftBank sold Alibaba shares to reassure investors, finance chief …
Aug 21, 2022 · SoftBank sold a large part of its stake in Alibaba to “instantly show” investors its finances were solid after logging a record quarterly loss of $23bn, the technology …
Masayoshi Son's SoftBank to Sell Majority of Stake in Alibaba …
Apr 13, 2023 · SoftBank Group Corp. is moving to sell the majority of its stake in Chinese internet giant Alibaba Group Holding Ltd., the Financial Times reported, the latest sign of long-time …
SoftBank Group confirms stake cut in Alibaba
Jan 25, 2024 · SoftBank Group confirmed on Jan 25 that its wholly-owned subsidiary Skybridge had reduced its stake in Alibaba Group Holding, making the latter’s co-founders its largest …
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