{"id":64669,"date":"2018-07-12T00:49:21","date_gmt":"2018-07-12T04:49:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=64669"},"modified":"2018-07-12T00:49:21","modified_gmt":"2018-07-12T04:49:21","slug":"tiger-global-takes-1-billion-stake-in-softbank-calling-it-undervalued","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2018\/tiger-global-takes-1-billion-stake-in-softbank-calling-it-undervalued.html","title":{"rendered":"Tiger Global takes $1 billion stake in SoftBank, calling it undervalued"},"content":{"rendered":"<p>(Reuters) &#8211; U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm to be undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent. Tiger, which manages around $22 billion in assets, told investors in a letter that SoftBank\u2019s stock price had not increased over the last five years even though its holding in Chinese e-commerce giant Alibaba had added more than $90 billion in value, the source said on Wednesday. <\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-softbank-group-tiger-global-stake\/hedge-fund-tiger-global-takes-1-billion-stake-in-softbank-source-idUSKBN1K129I\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm to be undervalued, a source with direct knowledge of the matter said, driving SoftBank shares [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64669","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=64669"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64669\/revisions"}],"predecessor-version":[{"id":64670,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64669\/revisions\/64670"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=64669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=64669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=64669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}