SoftBank exit eases Alibaba's mega reboot | Reuters
Apr 13, 2023 · His investment empire SoftBank Group (9984.T) is slashing its stake in the Chinese e-commerce firm to 3.8%, according to the Financial Times, a symbolic end to a 23-year investment. Now, Alibaba...
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 its technology...
SoftBank sold Alibaba shares to reassure investors, finance chief …
Aug 21, 2022 · Only two days after reporting its worst quarterly performance, SoftBank revealed that it would post a gain of ¥4.6tn ($33.6bn) by selling shares in Alibaba, significantly reducing the...
Alibaba shares fall after SoftBank reportedly sells most of its stake
Apr 12, 2023 · Alibaba shares dropped nearly 3% in after-hours trading after regulatory files revealed that SoftBank has sold a majority of its stake in the company.
SoftBank is selling its crown jewels to ride out ‘severe market’ - CNN
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 this year.
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 China's internet...
SoftBank Aims To Sell Nearly All Its Stake In Alibaba - Forbes
Apr 13, 2023 · 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 coffers of the Japanese conglomerate...
SoftBank raises $22bn in moves to sell down Alibaba stake - Financial Times
Aug 3, 2022 · SoftBank has raised as much as $22bn in cash from deals that would sharply reduce its stake in Alibaba over the coming years, as the Japanese investor responds to a market downturn that has...
SoftBank Sees $34 Billion Gain From Selling Alibaba Shares
Aug 10, 2022 · SoftBank Group Corp. expects to post a gain of more than $34 billion from selling down its stake in Alibaba Group Holding Ltd., cashing in on its most storied investment to shore up finances as...
SoftBank Posts Profit of More Than $21 Billion After Selling Alibaba ...
Nov 11, 2022 · SoftBank swung back to black for the first time in three quarters with a profit of more than $21 billion, as gains from a sale of some of its stake in Chinese e-commerce company Alibaba offset ...