Softbank

Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam

Singapore-based used car marketplace Carro, which announced its expansion into Japan last week, sees many opportunities in the country as the Japan’s used car market size is…

Japan’s Softbank considers launching third Vision Fund – report

Japan-based tech investor SoftBank Group Corp is said to be considering the launch of a new giant startup fund, the Wall Street Journal reported on Wednesday, quoting people…

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NVIDIA, SoftBank announce termination of NVIDIA’s acquisition of Arm due to regulatory challenges

United States semiconductor manufacturer NVIDIA and Japanese multinational conglomerate holding firm SoftBank Group Corp announced Tuesday the termination of the previously…

Grab to debut on NASDAQ after investors approve SPAC merger

Singapore-headquartered super app Grab will list on NASDAQ on Thursday (Dec 2) after Altimeter Growth Corp’s investors approved the merger between the two companies. In a…

SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO

SoftBank-backed Indian hotel aggregator OYO has filed for a $1.14 billion initial public offering (IPO) with the local regulator on Friday. The offering will consist of a fresh…

Softbank leads soccer NFT platform Sorare’s $680M Series B funding round

Editor's note: updated with information from Sorare's press statement Paris-based fantasy soccer non-fungible tokens (NFT) platform Sorare has raised $680 million in Series B…

Softbank, Tencent invest in Indian online used car platform Cars24 Services – report

India-based used vehicles platform Cars24 Services has raised $450 million in a new funding round led by SoftBank Vision Fund 2, DST Global and Falcon Edge, according to media…

Temasek, SoftBank invest in India EdTech unicorn Unacademy’s Series H funding round

India EdTech company Unacademy has raised $440 million in a funding round led by Singapore's state investor Temasek and other investors including General Atlantic, Tiger Global,…

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Japanese conglomerate SoftBank Group seeks to raise at least $525M for SPAC in the US

SoftBank Group, Japan’s second largest publicly traded company, filed in the United States to secure up to $604 million for a special purpose acquisition company (SPAC), a shell…