SoftBank launches $100M+ Opportunity Growth Fund to invest in founders of…
As we continue to see protests across the U.S. (and elsewhere) sparked by the killing of George Floyd by police in Minnesota, SoftBank is announcing a new…
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Softbank
SoftBank launches US$100 million fund investing in ‘people of color’
TOKYO: SoftBank Group Corp is launching a US$100 million fund to invest in “companies led by founders and entrepreneurs of color”, in the latest corporate…
Jack Ma to resign from SoftBank Group’s board of Directors
SoftBank Group said today that Jack Ma, co-founder of Alibaba Group, will step down from its board after serving as a director for 13 years. Ma’s resignation…
SoftBank terminates $3BN tender offer for WeWork shares
SoftBank Group has pulled a $3 billion tender offer for WeWork shares — citing closing conditions not being met. The investment behemoth had been rumoured to…
SoftBank, Grab show interest to invest in Indonesia’s new capital city
SoftBank Group Chairman and CEO Masayoshi Son and Grab CEO and Co-founder Anthony Tan met Indonesia’s President Joko Widodo about a potential investment in…
Paytm raises $1 bn from T Rowe, Ant Financials, SoftBank, others
Paytm, India’s largest digital payments company, has raised $1 bn in a funding round led by the US-based asset manager T Rowe Price. The other investors are…
SoftBank proposes $30 billion merger between Yahoo Japan and Line
Japan’s SoftBank plans to merge internet unit Yahoo Japan with messaging app operator Line to create a $30 billion tech giant, as it bags struggling internet…
SoftBank to invest US$2B through Grab to grow Indonesia’s digital…
Southeast Asia’s ride-hailing giant Grab announced today it will invest US$2 billion into Indonesia over a period of five years using the funds injected by…
Ola Electric becomes India’s newest unicorn with new $250 million…
India’s Ola is further widening its lead over Uber in the nation and getting the help it needs from their mutual investor. Ola Electric has raised $250 million…
Onfido verifies IDs using AI, nabs $50M from SoftBank, Salesforce,…
Security breaches, where malicious hackers obtain snippets of information that then get used to impersonate individuals in order to gain access to individuals’…