Welcome to our dedicated page for Softbank Group news (Ticker: SFTBY), a resource for investors and traders seeking the latest updates and insights on Softbank Group stock.
SoftBank Group Corp. (SFTBY) operates at the intersection of telecommunications and transformative technology investments. This news hub provides investors and analysts with centralized access to corporate developments across both operational and strategic investment activities.
Track official announcements ranging from quarterly earnings in Japan's telecom sector to global venture capital moves through the Vision Fund. Our aggregation includes mergers & acquisitions, leadership changes, and partnership disclosures – all essential for understanding this conglomerate's multifaceted strategy.
Key focus areas include artificial intelligence initiatives, IoT deployments, and portfolio company updates. Bookmark this page to monitor how SoftBank balances stable telecom revenues with high-growth tech investments in evolving markets.
On September 23, 2021, Miami Dade College announced an expanded partnership with Correlation One and SoftBank Group International. Graduates of the Data Science for All / Empowerment program can now earn up to 16 college credits towards a Data Analytics degree at MDC. The initiative aims to train 10,000 data science professionals over three years, prioritizing underrepresented groups. Participants receive 14 weeks of training, mentorship, and career coaching, enhancing their employability in the data sector.
SoftBank Group International (SFTBY) announced the appointment of Rodrigo Baer and Marco Camhaji as Managing Partners at SBLA Advisers Corp., focusing on early-stage companies in Latin America. Both partners bring extensive experience in technology investments and will operate from São Paulo, Brazil. The LatAm Fund has invested in nearly two-thirds of regional unicorns, enhancing its ability to support high-growth companies. The addition of Baer and Camhaji aims to capitalize on Latin America's rapid innovation and growth.
SoftBank Group Corp. has launched its second dedicated private investment fund, the SoftBank Latin America Fund II, with an initial commitment of US$3 billion. This builds on the previous fund's success, which generated a net USD IRR of 85% from investments in 48 companies, valued at US$6.9 billion as of June 30, 2021. The fund aims to support technology companies in Latin America, focusing on sectors such as e-commerce and digital financial services, and is expected to raise additional capital.
SoftBank Group Corp. has announced a strategic partnership with Deutsche Telekom AG to enhance access to approximately 240 million customers in the US and Europe for its portfolio companies. Under a share swap agreement, SoftBank will receive 225 million new DT shares in exchange for approximately 45 million shares of T-Mobile US (TMUS). This deal diversifies SoftBank's telecom exposure and makes it the second-largest private shareholder in DT, while retaining a 3.3% stake in TMUS, with potential growth to 6.9% based on stock performance.
SoftBank Group International has appointed Eduardo Vieira as Head of Communications for Latin America, effective September 1, 2021. Based in São Paulo, Vieira will oversee the company’s marketing, public relations, and corporate communications in the region. He aims to align with SoftBank's 50+ portfolio companies to enhance stakeholder engagement. With over 23 years of experience, Vieira previously co-founded Ideal, the first digital PR agency in Latin America. His extensive background encompasses journalism and executive roles in major PR firms.
SoftBank has finalized a deal to acquire a 40% stake in AutoStore from Thomas H. Lee Partners and EQT. The transaction strengthens AutoStore's position in the automation industry, which boasts over 600 installations and 20,000 robots worldwide. SoftBank's investment aims to accelerate AutoStore's growth, particularly in the Asia-Pacific market. The acquisition is expected to complete in April 2021 and will allow both THL and EQT to retain their board representation alongside SoftBank.
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