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SoftBank is taking its mobile division public. But what is SoftBank?

SoftBank Group Corp., the massive Japanese holding company, is planning to take its mobile division public. The company is trying to raise $21 billion in its IPO, and it’ll list on the Tokyo Stock Exchange in December. You may not have heard of SoftBank, but it has a hand in a lot of our consumer technologies […]

Softbank group CEO Masayoshi Son delivers a speech during his company's financial results press conference at a hotel in Tokyo on Nov. 5, 2018.
Softbank group CEO Masayoshi Son delivers a speech during his company's financial results press conference at a hotel in Tokyo on Nov. 5, 2018.
TOSHIFUMI KITAMURA/AFP/Getty Images

SoftBank Group Corp., the massive Japanese holding company, is planning to take its mobile division public. The company is trying to raise $21 billion in its IPO, and it’ll list on the Tokyo Stock Exchange in December. You may not have heard of SoftBank, but it has a hand in a lot of our consumer technologies in the U.S. 

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SoftBank is taking its mobile division public. But what is SoftBank?