SoftBank Invested 3.9 Billion Dollars in Many US Companies

SoftBank Invested 3.9 Billion Dollars in Many US Companies

SoftBank Group Corp., has invested approximately $ 3.9 billion in the world's largest 25 technology companies including Amazon.com Inc., Tesla Inc., Netflix Inc. and Alphabet Inc. . The Tokyo-based company told the U.S. Securities and Exchange Commission that it has $ 1.04 billion in Amazon shares, $ 475 million in Alphabet, $ 248.6 million in Adobe Inc. and $ 189 million in Netflix, the largest investment of the Japanese holding. It is stated that his stock in Tesla was worth $ 122.9 million as of June 30. SoftBank founder Masayoshi Son is expanding the company's investment activities from private ventures to publicly traded stocks. Last week, he unveiled a new asset management arm on a earnings call and said it was part of a wider bet on transformative technologies. According to people familiar with the initiative, the Japanese company aims to invest more than $ 10 billion in public stocks. The filing also shows a $ 183 million stocks in Microsoft Corp., $ 111.5 million in PayPal Holdings Inc., and $ 108.8 million in Zoom Video Communications Inc. Also on the list, broadcasting giants Bilibili Inc. and iQiyi Inc., Singapore’s Sea Ltd., one of the world's best performers in the last 18 months. There were several Chinese names, including.