SoftBank to lay off 30% of its global workforce after losing $50 billion in just 6 months
In early August, Japanese giant SoftBank reported its biggest loss ever, posted a $23.4 billion […]
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SoftBank plans to invest $35 million in Indian car service and repair tech startup GoMechanic
Last month, SoftBank reported its biggest ever loss, posting a $21.6 billion in just three […]
China’s B2C e-commerce tech startup Dianxiaomi raises $110 million led by SoftBank, Sequoia
Chinese business-to-customer cross-border eCommerce startup Dianxiaomi has raised $110 million in a Series D funding round […]
SoftBank reports its biggest ever loss, posts a $21.6 billion in quarterly loss
Softbank reports its biggest loss ever, posted a $23.4 billion in quarterly loss as […]
Softbank-backed Brazilian giftback platform CRM&BONUS acquires social media sales startup Zipper for $4.7 million
CRM&BONUS, a Softbank-backed Brazilian giftback platform, announced today it has acquired social media sales […]
SoftBank bets on Web 3, leads a $70 million investment in a decentralized blockchain tech startup bloXroute
When software developer Uri Klarman moved from Israel to the United States to pursue his […]
HR tech startup Remote reaches a unicorn status at nearly $3 billion after a $300M funding led by SoftBank
Human resources tech startup Remote announced Tuesday it has raised $300 million in a […]
Online grocery delivery tech startup Weee! raises a massive $425 million funding led by SoftBank
Weee!, an online grocery delivery tech startup that specializes in Hispanic and Asian foods, […]
Fabric raises $140M led by SoftBank for its headless eCommerce platform; now valued at $1.5 billion
Seattle, Washington-based e-commerce tech startup Fabric announced today has closed a $140 million Series […]
Meet Masayoshi Son, SoftBank CEO, unicorn hunter, and the craziest billionaire who lost $70 billion almost overnight
SoftBank Group is a household name in the startup community. Some of you have […]
Coinbase rival FTX U.S. raises $400M in funding led by Softbank, Temasek, valuing the Crypto exchange startup at $8 billion
FTX U.S., the American affiliate of cryptocurrency exchange FTX, said on Wednesday it has raised […]
SoftBank, celebrities back a $40 million investment in Christian worship and meditation app Glorify
Glorify, a Christian faith-based app for worship and meditation, has raised $40 million in funding […]
SoftBank-backed ride-hailing startup Grab makes its public debut via a $40 million SPAC deal, marking the biggest Southeast Asia listing
Grab, a SoftBank-backed food delivery startup and Southeast Asia’s biggest ride-hailing, makes its public debut […]
Softbank leads $75M investment in B2B tech startup Reibus to revolutionize the metals supply chain ecosystem
Reibus, a provider of B2B e-commerce platform for the industrial metals market, has raised […]
SoftBank takes $25 million stake in Israel’s most active venture capital firm OurCrowd
Over the years, SoftBank Group has primarily invested in unlisted technology startup companies. But […]
UK-based online lending fintech startup Zopa raises $300 million investment led by Softbank; now valued at $1 billion
Zopa, a UK-based digital banking startup that started as a peer-to-peer lender, has raised $300 million […]
SoftBank-backed Indian tech startup Oyo files for $1.2 billion IPO
As you may recall, we reported last week that Indian hotel chain Oyo, a […]
Andela becomes the latest African unicorn startup after raising $200M in funding led by Softbank; now valued at a $1.5 billion
There is a wave of optimism in post-pandemic Africa. The recent coronavirus pandemic and China’s repression […]
SoftBank-backed Indian hospitality tech startup Oyo to file for $1.2 billion IPO next week
Oyo Hotels and Rooms, a SoftBank-backed Indian hospitality startup with $335 million in losses, is […]
Softbank backs former U.S. Treasury Secretary Steven Mnuchin’s $2.5 billion private equity fund
Steven Mnuchin has started a new gig less than a year after he left […]