Alex Webb & Andrea Felsted, Columnists

SoftBank Finds a Clever $2 Billion Puzzle Piece

Masayoshi Son has his eye on building a social media, online payments and e-commerce giant.

Innovation?

Source: Bloomberg

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Where Masayoshi Son goes, some canny financial engineering is often not far behind.

The SoftBank Group Corp. boss’s latest big idea is to turn his company’s legacy internet brands such as Yahoo! Japan into a Japanese social media, online payments and e-commerce giant — one that can counter the weight of Facebook Inc. and Rakuten Group Inc.