Japan’s SoftBank Group said on Tuesday it was considering investing in Uber Technologies Inc but there was no final agreement at this stage. “If conditions on share price and a minimum of shares are not satisfactory for the SoftBank Group side, there is a possibility the SoftBank Group may not make an investment,” it said...
NYS Entity Status
- Surrender of Authority (Aug 25, 2014)
NYS Filing Date
AUGUST 15, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2013 - JLT INVESTMENT GROUP, INC.
Around the Web
- Softbank says there’s a ‘possibility’ it won’t invest in Uber
By Reuters - Tuesday Nov 14, 2017
- SoftBank invests $250 million in U.S. online lender Kabbage
By Reuters - Friday Aug 4, 2017
(Reuters) — Kabbage Inc, a U.S. online lender for small businesses, said on Thursday it had raised $250 million in equity funding from SoftBank Group Corp, the latest fintech investment by the Japanese technology conglomerate. That is the largest equity investment in such lenders outside of China so far, according to data provider CB Insights. […]
- WPP Invests In Podcaster, Brooklyn-Based Gimlet Part Of Digital Content Play
Thursday Sep 7, 2017
WPP continues to hedge its content bets, announcing a strategic investment this week in promising podcasting company, Gimlet Media Inc. WPP said it is investing $5 million for an undisclosed minoritystake in Gimlet, citing such branded content customers as Alphabet Inc., Ford Motor Co., PepsiCo, Match Group, eBay, Blue Apron, Goldman Sachs and Microsoft. Based in Brooklyn, New York, Gimlet wasfounded in 2014 and has 85 employees. It has raised $27 million in funding to date.
- Softbank is ‘interested’ in an Uber or Lyft investment
By Reuters - Monday Aug 7, 2017
(Reuters) — SoftBank Group Corp, a prolific investor in global technology startups, reported a sharp rise in quarterly profits and said it would be interested in parking funds in ride-hailing firms Uber Technologies or Lyft Inc in the future. This is the first time Softbank has publicly indicated an interest in Uber, after having so far […]
- Weinstein Company Will Not Get Planned Cash Infusion
By BROOKS BARNES and RACHEL ABRAMS - Wednesday Oct 25, 2017
Colony Capital will no longer provide an immediate financial lifeline, people briefed on the matter said, but the troubled studio still has other options.
- China Eases Limits on Foreign Stakes in Financial Firms
By KEITH BRADSHER - Friday Nov 10, 2017
The move, which comes after President Trump left Beijing complaining about its trade policies, could give China’s troubled financial system a needed shake-up.