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The Japanese government has passed a new bill aimed at reducing mobile prices for consumers and stimulating competition in the mobile market. The new bill includes provisions banning operators from offering bundled device and mobile plans under a single price…
Japan’s SoftBank has announced that its joint venture HAPSMobile will invest $125 million in Google’s Project Loon to advance the use of high-altitude vehicles to carry mobile base stations. HAPSMobile, the joint venture between SoftBank and US-based unmanned…
Japan’s SoftBank is reportedly in talks to invest up to $3 billion in fast-growing Indian operator Reliance Jio Infocomm. SoftBank’s Vision Fund is involved in due diligence on the prospect of the purchase of a stake in Jio that could be worth $2 billion to…
Japan’s Softbank Group will purchase a 5.6 percent stake in German payments company Wirecard by acquiring convertible bonds worth about 900 million euros ($1 billion), Wirecard said in a statement on Wednesday. «As global innovators, we focus heavily on…
International e-commerce platform Ebay is preparing to head a US$160–170 million investment in e-tailer Paytm Mall. In a report last Monday, the move was interpreted as a grab at O2O commerce and payments opportunities in India. It will be the third major…
Japan’s telecom ministry has allocated 5G mobile spectrum to incumbent operators NTT Docomo, KDDI, and Softbank, as well as local e-commerce giant Rakuten. The Ministry of Internal Affairs and Communications has approved the allocation of spectrum after…
Taiwanese incumbent carrier Chunghwa Telecom has signed an MoU with Japan’s Softbank for collaboration on artificial intelligence (AI) and IoT. In a statement, the companies said the technological and commercial cooperation aims to develop use cases for…
Cisco is collaborating with SoftBank on the world’s first Segment Routing IPv6 (SRv6) deployment. With the anticipation of the coming 5G era, Cisco has been assisting SoftBank to deploy an SRv6 network nationwide to build a future network architecture that is…
SoftBank Ventures announced Tuesday it invested 4.5 billion won ($4 million) in Trevari, a Korean book club operator. Fast Investment, another venture capitalist firm, invested an additional 500 million won in Trevari’s first publicly-announced funding round.…
Indonesian e-commerce company Tokopedia said on Wednesday that it had secured $1.1 billion in its latest funding round led by Chinese e-commerce giant Alibaba Group Holding and Japan’s SoftBank Group. This follows a similar investment in 2017, also led by…
South Korea’s Coupan, the fast-growing e-commerce firm, will receive an investment of US$2 billion from the SoftBank Vision Fund. The funding follows SoftBank Group’s initial investment of $1 billion in June 2015. The new round of capital will enable Coupang…
Indian online baby product retailer FirstCry is in funding talks with Chinese e-commerce platform Alibaba and Japanese multinational conglomerate SoftBank Group. The firm is seeking at least US$100–$150 million in the deal in a move to put it at the forefront…
Japan’s Softbank and automaker Toyota announced plans to form a joint venture by April 2019 to provide launch Mobility-as-a-Service (MaaS) in the country. The company, called Monet Technologies, will combine Toyota’s mobility services platform and information…
Japan’s Softbank has reportedly selected the banks that will serve as lead underwriters for the IPO of its domestic mobile business. The operator has picked banks including Nomura Holdings, Mizuho Financial, Sumitomo Mitsui Financial, Goldman Sachs and…
SoftBank said it has been using NIDD (non-IP data delivery) technology to allow its IoT services to bypass the internet. The Japanese operator announced recently that it has succeeded in completing what it claims is the world’s first connection test in a…
Link Net, an internet service provider operating under Lippo Group subsidiary First Media, and Japanese telecommunications provider SoftBank Corp have signed a partnership agreement to develop and deploy the internet of things, or IoT, in Link Net’s…
