Softbank reduces Alibaba holding to 3.8%
Softbank has sold shares worth $7.2 billion in Alibaba reducing its shareholding to 3.8% says the FT. Last year Softbank sold $29 billion worth of Alibaba stock
By David Manners, Electronics Weekly (April 13, 2023)
At one time Softbank owned about 30% of Alibaba worth about $200 billion, making Softbank chairman Masayoshi Son, very briefly in 2000, the richest man in the world.
To read the full article, click here
Related Semiconductor IP
- Verification IP for C-PHY
- Band-Gap Voltage Reference with dual 2µA Current Source - X-FAB XT018
- 250nA-88μA Current Reference - X-FAB XT018-0.18μm BCD-on-SOI CMOS
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
Related News
- Renesas Plans to Sell German Fab to Silicon Foundry Holding
- Alibaba Group joins Linaro to accelerate development of software platforms for ARM Powered servers
- Recommended acquisition of ARM by SoftBank
- Why SoftBank Is Spending $32 Billion on ARM
Latest News
- JEDEC Advances DDR5 MRDIMM Ecosystem with New Memory Interface Logic and Expanded MRDIMM Roadmap
- Altera Brings Determinism to Physical AI Systems with Latest Release of FPGA AI Suite
- Mosaic SoC raises $3.8M to bring real-time spatial intelligence to every consumer device
- UMC Reports First Quarter 2026 Results
- Rambus Appoints Sumeet Gagneja as Chief Financial Officer