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Paytm, SoftBank
Paytm to offload stake in Japan’s PayPay to SoftBank
Net proceeds from the sale will strengthen One97 Communications consolidated cash reserves to drive future business initiatives.
Paytm sells PayPay stake to SoftBank for $279.2 million
Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a Paytm's deal with SoftBank for PayPay follows the firm selling entertainment ticketing business to Zomato.
Paytm to sell stake in PayPay to SoftBank for $250M
One97 Communications, the parent company of Indian fintech giant Paytm, is close to finalizing a deal to sell its stake in Japan's digital payments firm, PayPay Corporation. The proposed transaction with SoftBank Group is worth $250 million (approximately ₹2,
Paytm Singapore Offloads Japan's PayPay Stake to SoftBank Vision Fund 2 for USD 279.2 Mn
The sale proceeds will bolster the cash reserves of Paytm's parent company, One97 Communications, enhancing its ability to pursue future business initiatives focused on creating shareholder value.
Paytm shares rise 0.79%, following sale of SARs in Japan’s PayPay to Soft Bank Fund for ₹2,364 crore
Shares of One 97 Communications were up 0.47 per cent to ₹980.40 on the BSE at 10.54 am today, after the parent company Paytm (Singapore) approved the sale of Stock Acquisition Rights (SARs) in PayPay Corporation,
Paytm hits 52-week high after Singapore arm to sell stake in Japan's PayPay
Paytm currently has a cash balance of over Rs 10,000 crore. The Rs 2,364 crore sale would expand it by over 20 per cent
1h
Ex-SoftBank Rainmaker Akshay Naheta Eyes Stake Sale in His Stablecoin Startup
Akshay Naheta, a former SoftBank Group Corp. executive known for overseeing some of its biggest deals, is in early talks to ...
8d
on MSN
A SoftBank Insider Describes His Wild Ride
Former SoftBank President Alok Sama talks about leading the Arm acquisition in a Q&A about his new book, ‘The Money Trap: ...
13d
SoftBank invests $1.5B in OpenAI, enabling employee share monetization at $210 per share
SoftBank invests $1.5 billion in OpenAI, offering $210 per share to employees. This deal aligns with Vision Fund 2’s AI focus ...
Impacts
13d
SoftBank Has Expanded Its Investment In OpenAI By $1.5 Billion
OpenAI is permitting its staff to sell roughly $1.5 billion worth of shares to SoftBank in a fresh tender offer, according to ...
7d
SoftBank Group Is Overexposed To AI
SoftBank is participating in $1.5B tender offer for OpenAI shares, reflecting its focus on technology investments. See why I ...
Business Wire
13h
Aizip Works with SoftBank Corp. to Launch Customized Small Language Model Solutions for Privacy-Critical Enterprise Applications
Aizip, Inc. in partnership with SoftBank Corp., announced the release of customized Small Language Model (SLM) and Retrieval Augmented Generation (RAG ...
Shacknews
13d
Softbank adds another $1.5 billion to OpenAI investment
OpenAI is allowing its current employees to sell shares in a tender offer to Softbank.
Datacenter Dynamics
17h
SoftBank Vision Fund invests in Chinese data center firm GDS
Chinese data center firm GDS has upsized a $1 billion funding round by a further $200 million to fuel its international expansion.
13d
SoftBank to make new $1.5 bil. investment in OpenAI
Sources say Japan's SoftBank Group has decided to make a fresh investment of up to 1.5 billion dollars in US-based OpenAI, ...
Your Story
1d
Final Break: SoftBank's $265M Paytm exit costs more than expected
SoftBank had projected a narrower final net loss of $100-150 million, anticipating higher proceeds from the sale of Paytm’s ...
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