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SoftBank invested $20 million in Alibaba in 2000. 14 years later, that tiny stake was worth more than $50 billion after its blockbuster IPO
In 2000, SoftBank’s Masayoshi Son invested $20 million in Alibaba, the Chinese online marketplace founded by Jack Ma. The company had little revenue, and investors had passed on Ma’s idea. Alibaba was also helped by a $1 billion investment from Yahoo in 2005. When it went public in 2014, its IPO raised $25 billion. SoftBank’s stake was worth tens of billions, making the bet one of tech investing’s standout deals.
MOFA: China condemns attacks on Riyadh airport
MOFA: China condemns attacks on Riyadh airport
Alexander Zverev To Become New World No. 1 Men's Tennis Player
The career-first will cap a stellar season for the 29-year-old, the current world number two, after he won the French Open in June and the US Open in September.
From gas prices to grocery bills: How Trump’s economic policies are giving Democrats a new midterm campaign weapon
Rising living costs are becoming a focal point for Democrats in the 2026 midterm elections. Many voters are linking these economic pressures to the policies of Donald Trump and Republican lawmakers. Democratic candidates are spending millions on advertisements highlighting tariffs and the Iran war's financial impact. In response, Republicans are focusing on other issues while trying to distance themselves from Trump.
NorthEast United FC Kick Off ISL Campaign With 1-0 Win Over Mohun Bagan Super Giant
Introduced at the start of the second half, Jithin scored in the 90+2nd minute to hand the Highlanders all three points in a closely contested encounter at home.
NSA Ajit Doval speaks to Iranian counterpart Rezaei on latest regional developments
Ajit Doval, the National Security Adviser of India, spoke with Dr. Mohsen Rezaei from Iran. They discussed various regional and international developments during their phone conversation. Furthermore, the dialogue focused on issues of mutual interest between India and Iran.
Likho, it's your job: Shami sends message to fitness critics through reporters
Likho, it's your job: Shami sends message to fitness critics through reporters
Who is Dan Osborn? The Navy veteran and factory mechanic who led Kellogg's workers before entering the Nebraska Senate race in the US midterms
Dan Osborn is campaigning as an independent candidate for the U.S. Senate in Nebraska’s 2026 election. He previously gained national attention as a union leader during a significant worker strike at Kellogg's. Osborn's campaign focuses on issues affecting workers, corporate influence in politics, and rising living costs. He is aiming to present an independent voice amidst party politics in Nebraska. Osborn faces Republican Sen.
No economic settlement reached within Venu Srinivasan family, say Lakshmi, Mallika as TVS succession battle breaks
Differences have arisen within the Venu Srinivasan family concerning the economic settlement of their assets. Lakshmi Venu and Mallika Srinivasan stated that no agreement on asset distribution has been reached. They emphasize that management roles do not equate to division of economic interests. Their recent memorandum of understanding mostly addresses brand use and non-compete agreements.