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SoftBank Corp. Forms Capital and Business Alliance With ADA, an Integrated Digital Marketing Leader With Operations in Nine Asian Countries
May 11, 2021 GMT
TOKYO (BUSINESS WIRE) May 10, 2021
SoftBank Corp. (TOKYO: 9434, “SoftBank”) today announced that it is forming a capital and business alliance with Axiata Digital Advertising Sdn. Bhd. (“ADA”), a Kuala Lumpur-based data and AI company that offers integrated digital marketing solutions in nine Asian countries (Malaysia, Singapore, Indonesia, Thailand, Cambodia, Philippines, Sri Lanka, Bangladesh and South Korea). ADA is a group company of Axiata Group Berhad (“Axiata Group”), a major telecommunications operator in Asia. As part of the agreement, SoftBank will invest approximately 60 million USD in ADA, giving it a 23.1% stake in the company. Furthermore, Daichi Nozaki, SoftBank Vice President and Head of the Enterprise Bu
ADA, an Integrated Digital Marketing Leader with
Operations in Nine Asian Countries
SoftBank to accelerate its business expansion into Asia by utilizing ADA s sales and customer support
structure, as well as its data and AI business expertise in the region
May 11, 2021
SoftBank Corp.
SoftBank Corp. (TOKYO: 9434, “SoftBank”) today announced that it is forming a capital and business alliance with Axiata Digital Advertising Sdn. Bhd. (“ADA”), a Kuala Lumpur-based data and AI company that offers integrated digital marketing solutions in nine Asian countries (Malaysia, Singapore, Indonesia, Thailand, Cambodia, Philippines, Sri Lanka, Bangladesh and South Korea). ADA is a group company of Axiata Group Berhad (“Axiata Group”), a major telecommunications operator in Asia. As part of the agreement, SoftBank will invest approximately 60 million USD in ADA, giving it a 23.1% stake in the company. Furthermore, Daichi Nozaki, SoftBank Vice President and Head of the Enterprise
SoftBank s chief of strategy steps down
05 March 2021 | Melanie Mingas Katsunori Sago the chief strategy officer of SoftBank Group is to leave his post, effective end of March.
Son, who is scheduled to step down effective 1 April, was chairman but will be known as board director and founder from next month. Current president and CEO, Ken Miyauchi, has been appointed to the chairman’s role.
Sago joined SoftBank in 2018 from Japan Post Bank Co., where he served as EVP and has since been a key contributor in planning and implementing SBG’s investment strategy , SoftBank said.
He was known as one of the seven Samurai heading SoftBank s accelerated investment activity. He was the first chief strategy officer for the group and at the time of writing, a replacement had not been named.
The Son also sets as SoftBank appoints new leadership Sign in with LinkedIn
26 January 2021 | Alan Burkitt-Gray Masayoshi Son is stepping down from leadership of SoftBank on 1 April, to be replaced by the group’s CTO, Junichi Miyakawa.
Son has been chairman of the group but will simply be “board director, founder” after the handover. The current president and CEO, Ken Miyauchi, will move up to the chairman’s role.
SoftBank said that, under the new leadership, it “will further promote its ‘Beyond Carrier’ strategy while advancing toward its second growth phase, making full use of cutting-edge technologies such as AI and 5G together with its group companies while striving to achieve sustainable growth of the telecommunications business”.
SoftBank Group Corporation (via Public) / 2021 New Year s Message publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.