The figure of a poor Korean man who became Japan’s richest man

He was born in Tosu, Saga Prefecture, Japan, in a poor family of Korean immigrants. His grandfather, Son Jong-Gyeong, moved from Daegu, South Korea, to Japan. Bringing his family, including Son Sam-Heon, Masayoshi’s father, his grandfather to support the family as a coal miner. Meanwhile Masayoshi’s father sells fish and manages a pig farm. Photo: … Read more

Softbank bang: Pricing collapse for Klarna | Finansavisen

Klarna will approach an agreement on a new capital injection that will cost the company $ 6.5 billion, according to Wall Street Journal sources. The company will mainly want to raise capital from already existing owners, but “Nothing is set in stone yet”, according to Wall Street Journal sources. Japanese giant in trouble If this … Read more

Bahlil Regarding Softbank’s IKN Funding: Who Said Masayoshi Resigned?

TEMPO.CO, Jakarta – Investment Minister Bahlil Lahadalia said funding for the State Capital (IKN) from Softbank is still being negotiated. He said negotiations were still going on and looking for the right formula. “Who said Masayoshi was leaving? Who said Masayoshi resigned? Currently, negotiations are still going on. What is called a negotiation in the … Read more

Softbank Diverts IKN Investment Funds to West Sumatra

Jakarta, CNN Indonesia — Softbank discouraged from becoming a potential project investor new capital or the National Capital (IKN) Nusantara in North Penajam Passer, East Kalimantan. In exchange, Softbank will divert funds investment it to West Sumatra. However, Softbank’s Representative Director & Chairman Ken Miyauchi said that Softbank will continue to invest in the development … Read more

Luhut opens up about the reasons for SoftBank to leave the new capital

Jakarta, CNN Indonesia — Coordinating Minister for Maritime Affairs and Investment Luhut Panjaitan open the question SoftBank Group, a conglomeration of companies from Japan, which canceled its investment in the National Capital (IKN) Nusantara in East Kalimantan. Luhut explained that there were at least four reasons that made SoftBank Group reluctant to invest in the … Read more

Softbank Withdraws Investment in IKN, This is the Government’s Response

JAKARTA, KOMPAS.com – Japanese venture capital company, Softbankwithdrew from funding the National Capital project (IKN) is new in East Kalimantan. Inevitably, the investment worth 100 billion US dollars failed to be obtained by RI. Softbank’s resignation occurred even when Indonesian President Joko Widodo appointed the CEO SoftBank Masayoshi Son as a board member of the … Read more

SoftBank Corp. Resigns, Cancels Investment in the Capital of the Archipelago

Jakarta, CNBC Indonesia – SoftBank Group has confirmed that it will not invest in the project for the new capital city of Indonesia, East Kalimantan. SoftBank Grouo’s resignation was announced on Friday (11/3/2022), quoted by Reuters. They did not explain in detail the decision to cancel investment in the capital city of the archipelago, but … Read more

Temasek to Softbank Inject Rp1 Trillion to RI Aquaculture Start-ups

Jakarta, CNN Indonesia — One company start up Indonesia, eFishery, announced that it received an injection of US$9 million or around Rp1 trillion from a number of Series C companies such as Temasek, SoftBank Vision Fund 2 and Sequoia Capital India, on Tuesday (11/1). The funds will be used to scale up the eFishery platform … Read more

Mossad boss Yossi Cohen retires from Saudi Arabia-backed SoftBank

loading… TEL AVIV – The world’s largest venture capital firm, SoftBank, has appointed a former head of Mossad Yossi Cohen to head his new office at Israel . Saudi Arabia is one of the parties providing investment support for the company. Cohen’s new position was reported by the Israeli business newspaper, Globes. Also read: Russia … Read more

Why the billion-dollar IPO in New York is risky

Transport agent Didi The IPO is the temporary culmination of the rapid development in recent years. It should be the largest IPO in the US since Alibaba in 2014. – (Foto: Bloomberg) – – – – Peking At first glance, Cheng Wei doesn’t necessarily look like someone whose company has made it into a quasi-monopoly in … Read more