Remove tag softbank
article thumbnail

WeWork To Sell Iconic NYC Building To Amazon

PYMNTS

The price tag on the building, famous for being the former New York hub for the shopping retailer, is in excess of $1 billion. The building’s current owner is WeWork, which has been having a difficult time as of late after a failed IPO and then the need for a bailout from SoftBank later. The building has 12 stories.

article thumbnail

Flipkart Ups Its Offer For Snapdeal

PYMNTS

A previous Reuters report pegged the price tag for the deal at between $800 million and $850 million, which Snapdeal’s board rejected. One source said Flipkart could hold back $150 million of the deal price tag for one to two years after it is completed. As a result of that rejection Flipkart upped the ante by offering more.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Uber Eyes 2019 IPO

PYMNTS

The CEO pointed out that a potential IPO shouldn’t impact the investment SoftBank is looking to make in the ride-sharing company, as recent reports have surfaced that the investment could be at risk. If it’s too difficult to come up with a price tag for the stake, Son could walk away.

article thumbnail

The Beauty Of Being Brandless

PYMNTS

Masayoshi Son, chief executive officer of SoftBank – which just dropped $240 million into the firm – was described as “a bit flabbergasted” by the range of goods offering by Brandless, all in that $3 window. That appeal to simplicity, in fact, defines much of the Brandless experience.

article thumbnail

Brandless Turns To Subscriptions To Make Service Stickier

PYMNTS

“The thing that’s so cool about having those relationships is that they literally tell us, either through their posts, their tags, their emails or their tweets, what they’re looking for, and we respond in kind.” And then building direct relationships with the community we serve,” she told Retail Dive.

article thumbnail

The Data Dive: The Week In Reversals, Rewards And Rebuffing Warren Buffett

PYMNTS

The move to open access, according to sources, started with Apple adding the Core NFC framework, which allows apps to use the NFC chip as a scanner for RFID tags, although that feature was very limited. According to reports, the deal fell through shortly after SoftBank secured its own stake in the ridesharing company late last year.

article thumbnail

Transcript: Albert Wenger

Barry Ritholtz

And Joshua added tags to that, and so you could browse things by tags. RITHOLTZ: So let’s talk a little bit about some of those bigger funds, and I guess we’ll hold Softbank off to the side because that was really aberrational. I had just finished another project I was been working on.

Valuation 117