SoftBank CEO Masayoshi Son threw cold water on Wednesday on the idea of...
FILE PHOTO: Japan's SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo
“I believe Alibaba has lots of room to grow. I’m in no hurry to sell shares,” he told a news conference on Wednesday. If SoftBank thinks its returns cannot outperform Alibaba, “it seems weird to be in the venture capital business,” he said. The stake in the e-commerce giant is worth around $150 billion - more than the market capitalization of SoftBank itself, which is $110 billion.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sprint Stock Soars 77% On T-Mobile Merger, Here’s Why One Expert Thinks It Could Keep SurgingSprint gained $15 billion in market value after its stock jumped on the merger news.
Baca lebih lajut »
Sprint Stock Soars 77% On T-Mobile Merger, Here’s Why One Expert Thinks It Could Keep SurgingSprint's stock increased 77% on the T-Mobile merger, here’s why 1 expert thinks it could keep surging: by skleb1234
Baca lebih lajut »
SoftBank shares open 12.5% higher after T-Mobile-Sprint merger approvalSoftBank Group Corp shares opened 12.5% higher on Wednesday morning after a fede...
Baca lebih lajut »
SoftBank Profits Fall 99%, But Here’s Why The Stock Has Risen 14% This WeekSoftBank Group reported a 99% drop in 3rd-quarter profits today, but here’s why the stock has risen 14% this week: by skleb1234
Baca lebih lajut »
Here's when to buy the coronavirus-related dip in cruise line stocks, Instinet saysNew for subscribers: Here's when to buy the coronavirus-related dip in cruise line stocks, Instinet says Check out CNBCPro and get your first 30 days free.
Baca lebih lajut »