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 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 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.
SoftBank’s Gain on Alibaba Over 23 Years: $72 Billion
May 11, 2023 · Global tech investing giant SoftBank Group's long ride with Alibaba is nearing its end. Speaking to reporters following SoftBank's results Thursday, finance chief Yoshimitsu Goto said the...
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 had accounted for 48 percent of Softbank's assets in …
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 conglomerate’s chief...
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 China investors...
Explainer: How will SoftBank cut its stake in Alibaba without …
Aug 11, 2022 · SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% to 14.6%.
SoftBank raises $22bn in moves to sell down Alibaba stake
Aug 3, 2022 · SoftBank has now sold more than half its Alibaba holdings through these forward sales. That could shrink its stake in the Chinese ecommerce giant below the threshold for retaining its board...
SoftBank Prepares to Cash In on Long-Held Alibaba Stake
Apr 13, 2023 · SoftBank Group Corp. is moving to sell more of its stake in Chinese internet giant Alibaba Group Holding Ltd., unwinding the bet that spurred the Japanese company’s ambition to invest billions...