Edition:
United Kingdom

Sam Nussey

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

18 Oct 2019

The $100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burned through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.

Nintendo's Mario mobile game has server overload on launch day

25 Sep 2019

TOKYO Nintendo Co Ltd's hotly awaited mobile title Mario Kart Tour launched on Wednesday with many users initially complaining server overload meant they could not play the game that is seen as a major test of the Kyoto-based company's mobile ambitions.

Nintendo's Mario takes driving seat in race for mobile hit

24 Sep 2019

TOKYO Nintendo Co Ltd is set to bring one of its most successful franchises to mobile for the first time on Wednesday with the global launch of Mario Kart Tour, in a test of the gaming firm's strategy to drive growth beyond consoles. | Video

Factbox: The infinite lives of Nintendo's Italian plumber Mario

24 Sep 2019

TOKYO The launch of Nintendo Co Ltd's Mario Kart Tour on Wednesday marks the latest game to feature moustachioed Italian plumber Mario who for nearly four decades has gripped gamers as he dodges flying turtles, jumps chasms and rescues Princess Peach.

Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 billion

12 Sep 2019

TOKYO Yahoo Japan Corp said it will take over Japan's biggest online fashion retailer Zozo Inc for 400 billion yen ($3.7 billion), seeking to breathe fresh life into the business and compete better against the likes of Amazon.com .

UPDATE 4-Japan's Rakuten delays mobile service launch, shares drop

06 Sep 2019

* No specific new launch date, but possible before year-end (Recasts with company confirming reports, analyst comment)

SoftBank-backed Japan startup Uhuru to raise $50 million in London IPO: source

30 Aug 2019

TOKYO SoftBank-backed Japanese startup Uhuru is expected to raise at least 5 billion yen ($50 million) ahead of its listing on London's junior AIM market on Oct. 23, a person said, just days before Britain's EU exit deadline on Oct. 31.

World News