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    9984   JP3436100006

SOFTBANK GROUP CORP.

(9984)
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SoftBank Group to Sell About One-Third of Its Stake in Uber Technologies

07/28/2021 | 07:39pm EDT

SoftBank Group Corp. (TSE:9984) is selling about one-third of its stake in Uber Technologies, Inc. (NYSE:UBER)., in part to cover losses on its investment in Chinese ride-hailing company Didi, two people familiar with the matter told CNBC. It’s planning to sell 45 million shares, which will have a 30-day lockup. Uber shares fell 5% in extended trading following the report. SoftBank has lost about $4 billion on its Didi position in total, CNBC’s Deirdre Bosa reported. It’s also suffered from a decline in valuation of Alibaba, the botched Ant Group IPO, and paused plans for a ByteDance listing. In addition, Softbank’s Masayoshi Son has increasingly been playing in public markets with its SB Northstar unit.


ę S&P Capital IQ 2021
Stocks mentioned in the article
ChangeLast1st jan.
DIDI GLOBAL INC. 2.76% 7.82 Delayed Quote.0.00%
SOFTBANK GROUP CORP. -4.98% 6329 End-of-day quote.-21.46%
All news about SOFTBANK GROUP CORP.
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09/21SoftBank Group Invests in Steven Mnuchin's Private Equity Fund, FT Reports
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More news
Analyst Recommendations on SOFTBANK GROUP CORP.
More recommendations
Financials
Sales 2022 6 040 B 55 129 M 55 129 M
Net income 2022 1 310 B 11 955 M 11 955 M
Net Debt 2022 14 983 B 137 B 137 B
P/E ratio 2022 8,86x
Yield 2022 0,68%
Capitalization 11 048 B 101 B 101 B
EV / Sales 2022 4,31x
EV / Sales 2023 4,08x
Nbr of Employees 58 786
Free-Float 69,3%
Chart SOFTBANK GROUP CORP.
Duration : Period :
SoftBank Group Corp. Technical Analysis Chart | 9984 | JP3436100006 | MarketScreener
Technical analysis trends SOFTBANK GROUP CORP.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 6 449,00 JPY
Average target price 10 345,20 JPY
Spread / Average Target 60,4%
EPS Revisions
Managers and Directors
Masayoshi Son Chairman & Executive President
Yoshimitsu Goto CFO, Director & Senior Managing Executive Officer
Raul Marcelo Claure Chief Operating Officer & Executive Vice President
Tim Mackey Chief Legal Officer & Group Compliance Officer
Masami Iijima Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
SOFTBANK GROUP CORP.-21.46%99 238
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KDDI CORPORATION23.48%77 973
AMÉRICA MÓVIL, S.A.B. DE C.V.25.19%59 065
VODAFONE GROUP PLC-5.71%42 907