SoftBank Group Corp. is renowned for its lucrative portfolio of investments. Here are some of the major stakes picked up by the Japanese firm over the years:
Alibaba
SoftBank owns a 29% stake in Alibaba Group Holding Limited (BABA). In July, the company’s initial investment of $100 million was estimated to be worth about $132 billion.
Uber
SoftBank, along with a group of other investors, purchased around $8 billion of Uber’s stock at the start of this year. SoftBank invested an additional $1.25 billion, bringing the entire investment to around $9 billion. SoftBank currently owns a 15% stake in Uber, making it the largest stakeholder in the ride-sharing company.
NVIDIA
SoftBank invested $4 billion in NVIDIA Corporation (NVDA) and held a 4.9% stake in the American chipmaker, which it later transferred to its Vision Fund. This week it was reported that SoftBank is planning to sell its stake in NVIDIA early next year and the Japanese firm is expected to make a profit of close to $3 billion from the sale.
GM Cruise
The autonomous vehicle subsidiary of General Motors (GM) received a $2.25 billion investment from SoftBank’s Vision Fund in two tranches. Vision Fund currently holds a 19.6% stake in GM Cruise.
WeWork
SoftBank invested $1 billion in WeWork in August, followed by an additional investment of $3 billion last month. The $3-billion investment will be done in two tranches next year. These amounts are in addition to a $4.4-billion investment made through SoftBank’s Vision Fund last year.