SoftBank’s  billion Wirecard bet under scrutiny as troubled payments processor fights for survival

SoftBank’s $1 billion Wirecard bet under scrutiny as troubled payments processor fights for survival

CEO of Softbank Group Masayoshi Son attending a news conference in Tokyo on February 8, 2017.

Alessandro Di Ciommo | NurPhoto | Getty Images

SoftBank has come under renewed scrutiny about its investment strategy — but this time it’s about one of the Japanese tech conglomerate’s lesser-known bets.

Last year, the company made a 900 million euros ($1 billion) investment in Wirecard, as part…

View On WordPress

Sponsored


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x