SoftBank
Advertisement
Zomato shares worth Rs 1,040 cr change hands in bulk deal, Softbank likely seller
Japanese investment giant SoftBank, via its affiliate SVF Growth (Singapore) Pte, likely sold 1.09 per cent stake in Zomato in the bulk deal, taking the online food delivery platform’s stock up more than 2 per cent in the opening trade on the BSE. Shares exchanged hands at an average price of Rs 111.20. SoftBank held a 2.17 per cent stake in Zomato (by September 2023 quarter).
SoftBank explores investing in OpenAI after bumper Arm IPO: Report
Masayoshi Son, SoftBank's founder and CEO, is potentially “looking to invest tens of billions in AI after completing Arm’s initial public offering,” reports The Financial Times.
Advertisement