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Coverage dated April 11, 2023 to April 12, 2023

SoftBank Aims To Sell Nearly All Its Stake In Alibaba

Headline from Forbes

Masayoshi Son’s SoftBank Group is aiming to sell the majority of its stake in Chinese e-commerce giant Alibaba, the Financial Times reported, bolstering the coffers of the Japanese conglomerate by unwinding one of its most successful early investments while reducing its exposure to China.

Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

8 articles, oldest first.

  1. NBC 6 South Florida

    Alibaba Shares Tumble After Softbank Reportedly Sells Most of Its Stake (opens NBC 6 South Florida)

    Published

    NBC 6 South Florida's feed description

    Alibaba shares dropped nearly 3% after a Financial Times report indicated that SoftBank sold roughly $7.2 billion worth of shares.

  2. FOX Business

    SoftBank selling off most of its Alibaba stake: report (opens FOX Business)

    Published

    FOX Business's feed description

    SoftBank has reportedly been selling most of its remaining shares in the e-commerce company Alibaba amid a market downturn.

  3. Forbes

    SoftBank Aims To Sell Nearly All Its Stake In Alibaba (opens Forbes)

    Published

    Forbes's feed description

    Masayoshi Son’s SoftBank Group is aiming to sell the majority of its stake in Chinese e-commerce giant Alibaba, the Financial Times reported, bolstering the coffers of the Japanese conglomerate by unwinding one of its most successful early investments while reducing its exposure to China.

  4. Bloomberg

    SoftBank Moves to Slash Alibaba Stake, Fueling $13 Billion Slump (opens Bloomberg)

    Published

    Bloomberg's feed description

    SoftBank Group Corp. is moving to sell the majority of its stake in Chinese internet giant Alibaba Group Holding Ltd., the Financial Times reported, the latest sign of long-time China investors lowering their exposure there.

  5. Quartz

    Softbank is shrinking its Alibaba stake down to single digits (opens Quartz)

    Published

    Quartz's feed description

    At its peak in 2014, Softbank’s stake in Alibaba was 34%

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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