Softbank News & Updates

Sushubh

Administrator
[OP]
Oct 29, 2004
413,812
12,765
Gurugram
India Post would be happy.

Japan's SoftBank buys $627 million stake in Indian online retailer Snapdeal| Reuters

The Snapdeal investment was announced alongside SoftBank Internet and Media Inc's (SIMI) lead in a $210 million investment with existing investors in Indian transportation aggregator ANI Technologies Pvt. Ltd. SoftBank didn't specify how much it was investing in ANI, which operates a mobile application for cab booking.
 
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Sushubh

Administrator
[OP]
Oct 29, 2004
413,812
12,765
Gurugram
Softbank was apparently paying Nikesh Arora over USD 100 million in salary per year. This did not even make him the highest paid executive in the world. I believe he was at third spot.
 

vishalrao

The Global Village Idiot
Regulars
Jan 21, 2005
4,604
234
Pune
I see on BBC channel they were mentioning SoftBank are already in 100 billion debt and on top of this they are paying over 30 billion for this buyout. ARM shareholders are just money grubbing, Softbank could very well destroy this little company.
 


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