Friday Flashback: How Softbank's Founder Turned $5.5 billion to $15.5 billion Within a Day

Know what happened in the APAC region over the past week

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Former Correspondent, Entrepreneur Asia Pacific
1 min read

Here's a new series on the big developments that took place in the APAC region over the past one week. 

  • After expanding in Indonesia and the Philippines, Indian hospitality chain OYO now enters in the US. The budget hotel chain is now opening an office in Dallas and testing a property in Austin, Texas.
  • Japanese messaging app LINE has invested JPY 20 billion (about $182 million) to bolster its digital payments operations in the country.
  • The value of  Masayoshi Son's stock in SoftBank rose by about US$4 billion on Thursday when he added about 1.65 trillion yen (S$20.4 billion) to the market value of his company. 

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