What does softbank mean

What does softbank mean

Softbank is a Japanese multinational corporation with major businesses in telecommunications, finance, media and Internet services. Headquartered in Tokyo, the company is one of the largest mobile operators in Japan and one of the largest venture capital firms in the world. Its portfolio companies are famous for their broad range of investments and large number of high-growth companies, including Alibaba, Uber, Dianping, and Dropshipping.

History of softbank

Softbank was founded in 1981 as a software maker, and gradually expanded its business to become one of Japan's largest internet service providers. in 2013, softbank acquired US-based Sprint Corporation, and subsequently expanded its business scope to become a cross-border integrated enterprise. in 2016, softbank set up a $100 billion vision fund, investing in cutting-edge fields such as technology, artificial intelligence, and the internet of things, laying a solid foundation for the company's future development.

softbank's influence and contribution

softbank's influence extends far beyond the stock markets of Asia and the Americas to the global technology market. The company's success stories in the investment field have contributed to the world's many emerging technology companies, which have become key players in today's tech market. softbank has also invested in socially valuable businesses, such as Sébastien Sloth's natural gas cartridge medical devices, which provide emergency medical care to people who cannot receive specialized medical treatment. In this way, softbank has also become a responsible and socially conscious company.