SoftBank pares Ola Electric holding
The Japanese investment giant sold 94.9 million shares between July and September, even as the electric scooter maker's stock surged over 50% in recent weeks.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
EaseMyTrip Q1 announcements show obfuscation, more pointless acquisitions
The online travel aggregator’s growth struggles get worse, even as it announces worryingly pointless acquisitions instead of setting its house in order. There’s no respite for its public shareholders.
Ola Electric posts ‘better’ results, but deeper problems persist
A bounce in margins and stock price hides a serious crisis at the Bhavish Aggarwal-led EV maker, where volumes have stalled, rivals are gaining and product trust is breaking down.
Jane Street’s manipulation is so simple that it borders on crude
The headlines are about the scale of the proprietary trading firm’s alleged manipulation when they ought to be about how easily and effectively it engineered profits for itself.