Japanese giant SoftBank has seen its share price fall sharply today, due to its exposure to continued US-tech selloffs. The company opened trading on Monday 2.6% down, and ended it with a…
Leading Japanese Firms Plan Digital Transformation
Japan’s largest corporations are planning a massive investment in digital technology, to ensure the country stays ahead of the curve amid the COVID-19 pandemic. The 765 companies’ $4.45 billion funding represents an…
Diagnostics Startup Atonarp Wins $33m Series C Round
Tokyo-based Atonarp, a high-molecular diagnostics firm, has raised $33 million in a Series C funding round. The round, which Atonarp has announced was oversubscribed, introduced five new investors to the company including…
SoftBank Takes Massive Hit on Stock Tumble, and Saudi Khashoggi Outcry
Japan’s SoftBank Group Corp has devalued by as much as $22 billion, on the back of a global tech stock tumble, and ongoing outrage over Saudi Arabia’s alleged slaying of a prominent…
5 Japanese Startups You Should Check Out Now
Japan’s economy stands at a precarious crossroads. Still recovering from the 2008 financial crisis, its central bank refused on Tuesday to print more money – or do anything really – to crawl…
Media Startup Quartz Bought by Japan’s Uzabase
New York news portal Quartz is being sold to a Japanese media company in a deal worth up to $110 million, as the latter seeks to expand its international footprint. Uzabase, a…
SoftBank Ponders Massive Telco IPO
Japanese telecommunications giant SoftBank is considering an IPO of its Japanese mobile phone business, in a move that could raise ¥3 trillion ($18bn). The share sale, to take place on the Tokyo…
Seceon Founder Chandra Pandey on “Broken” Cybersecurity and Being a Self-Investor
Chandra Pandey is founder and CEO of Seceon, a cybersecurity company dedicated to protecting data on a global scale. Pandey talks to Red Herring about new business partnerships, dealing with VCs and…
Red Herring Asia 2017: Winning Startups “Drive Disruption”
Red Herring Asia 2017 took place in Manila Wednesday and Thursday last week. The gathering showcased the best Asian tech and entrepreneurship across a variety of talks, discussions and presentations. It culminated in the announcement…
All Hail the Unicorn Maker: Is SoftBank’s Vision Fund Good for Tech?
Masayoshi Son has always been a bit of a gambler. In 2000, during the first dot com bubble, the 59-year-old SoftBank founder lost a record $70 billion. Undeterred, he continued with his…