Japanese Giant SoftBank sets Tentative Price of $13.23 per share for Its Japanese Telecom unit

SoftBank has set an indicative price of 1,500 yen ($13.23) per share for IPO of its Japanese telecommunication unit, as per the regulatory filing filed by the company on Friday. This means that the price of per share has remained unchanged from the earlier estimate. Traditionally, almost all companies ahead of the IPO set an tentative…

ByGirish ShettiNovember 30, 20180Comments

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Oyo continues with International Expansion, all set to enter Japan

Continuing with its strong international expansion, Oyo Rooms has now announced that it is all set to test waters in Japan. The news has come barely weeks after the budget hotel startup announced its foray into the U.K market. The company currently boasts presence in international markets like Nepal and Malaysia and is in the…

ByGirish ShettiOctober 9, 20180Comments

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Electronic Giant Sony Corp Announces AI-based taxi-hailing services in Japan

Sony Corp Announces AI-based taxi-hailing services in Japan Electronic giant Sony Corporation announced on Tuesday that it will build a ride-hailing system for Japanese commuters. This ride-hailing system will be launched during this year's spring season, according to popular website Techcrunch. However, the most noteworthy thing about this ride-hailing network would be that it will be…

ByGirish ShettiFebruary 20, 20180Comments

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SoftBank Considering an IPO for Japanese Telecom Business, Plans to Raise $18 Billion

SoftBank planning to raise $18 billion through IPO The Japanese telecom giant and global investor, SoftBank Group Crop, is all set to spin-off its wireless business by listing it on the Tokyo Stock Exchange (TYO), according to Japanese newspaper Nikkei. The Japanese Conglomerate is reportedly planning to sell off 30 percent stake through an IPO and…

ByGirish ShettiJanuary 15, 20180Comments

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