December 22nd, 2018
SoftBank Group is in advanced talks to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said. Six-year old cab aggregator Grab has so far raised over $6.5 billion, led by SoftBank, Chinese ride-hailing firm...
November 22nd, 2018Japan’s investment major Softbank investment Advisers, which invests through the SoftBank Vision Fund, is looking forward to deepening its play in India’s technology ecosystem, and thus, the company has announced plans to open an office in Mumbai in India.
For this purpose, the company has even roped in Sumer Juneja to lead the...
November 21st, 2018The global technology investor SoftBank Group Corp is in its final stage of investing a huge amount of $450 million in Delhivery, which is India's largest e-commerce-centric logistics company by revenue.
This particular deal is expected to value the company at over $1 billion, entering into the unicorn club. Through its Vision Fund,...
November 14th, 2018SoftBank Corp has reportedly invested another $3 billion in financing into the co-working major WeWork. The deal comes in the form of a warrant, allowing SoftBank to pay $3 billion for the opportunity to buy shares before September 2019 at a price of $110 or higher.
This will value WeWork at $42 billion minimum. In August, SoftBank...
October 22nd, 2018Paytm has launched a QR-based smartphone payment settlement service in Japan called PayPay in collaboration with SoftBank and Yahoo Japan Corporation.
Paytm had formed a joint venture called ‘PayPay’ corporation with SoftBank and Yahoo Japan, and its first offering is a smartphone-based settlement service that allows users to...
October 4th, 2018The well-known SoftBank Vision Fund is in talks to invest $200-250 million (Rs 1,470-1,837 crore) in Indian ecommerce-focused logistics company Delhivery. The fund that was started by SoftBank’s Japanese billionaire founder, Masayoshi Son will make Delhivery’s valuation reach around $1.2 billion.
This move will take the company...
