NEWSWORTHY

SoftBank bets $400 million on housing market startup Opendoor

Business / Corporate Oct 1, 2018

SoftBank bets $400 million on housing market startup Opendoor

Opendoor, which has already raised billions to buy homes over the internet, just landed another large investor: the SoftBank Vision Fund. The fund, part of SoftBank Group Corp., is investing $400 million in Opendoor, whose flagship service uses home-pricing algorithms to make rapid, all-cash offers ...

Parent-subsidiary listings under closer scrutiny of Japanese investors

Business Sep 29, 2018

Parent-subsidiary listings under closer scrutiny of Japanese investors

Companies listed on stock exchanges along with their subsidiaries have come under closer scrutiny by investors due to continuing concerns over corporate governance. Such listings serve a dual purpose for parent companies, as they can maintain their influence over subsidiaries and at the same time ...

SoftBank and DiDi start taxi-hailing service in Osaka

Business / Corporate Sep 27, 2018

SoftBank and DiDi start taxi-hailing service in Osaka

A joint venture between SoftBank Corp. and China's DiDi Chuxing launched a taxi-hailing service in Osaka Prefecture on Thursday. The service, operated by DiDi Mobility Japan Corp. and accessible using a free smartphone app, is aimed at visitors to Japan and others. Under the service, potential ...