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Softbank quarterly revenue up 2.8%, opg profit grows on Sprint improvement

2017-08-07 10:42:00| Telecompaper Headlines

(Telecompaper) Net income plunged 88.8 percent to JPY 30.5 billion in the quarter, due mainly to financial and derivative losses related to the company's stake in Alibaba. Operating income amounted to JPY 479.2 billion, which represents an increase of 50.1 percent year-on-year, due largely to the inclusion of the new Softbank investment fund. Excluding the Softbank Vision Fund, operating profit was up 17.2 percent to JPY 374.0 billion, led by growth at Sprint and Yahoo Japan. 

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Autonomous vehicle company Nauto closes $159M round; Softbank, Greylock join BMW, GM, Toyota

2017-07-20 10:55:48| Green Car Congress

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Trump: Softbank to invest $50bn in US businesses

2016-12-07 02:06:57| BBC News | Business | UK Edition

President-elect Donald Trump says Japanese tech firm Softbank will invest $50bn in US businesses.

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Honda to show EV concept with AI emotion engine from joint project with Softbank

2016-12-06 13:55:22| Green Car Congress

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Softbank sets up venture capital fund

2016-10-17 02:00:00| Total Telecom industry news

Japan-based telco hopes to grow fund size to $100 billion by attracting additional investors.

Tags: capital sets fund venture

 

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