When it comes to retail, it’s Amazon versus the world. That’s been true for a long time and will continue to be so for the foreseeable future. Plenty of factors […]
SoftBank Group
Trending topics and news from the SoftBank Group category
Back to news homeSoftBank, Sequoia China back this ERP startup enabling China’s online exporters
Thanks to cross-border e-commerce platforms, China continues to be a major exporter of consumer goods for the world in the online shopping age. It’s not just marketplaces like Amazon and […]
Losses at SoftBank’s Vision Funds have consumed nearly all their historical gains
Earnings season is slowing, with the largest U.S. tech companies already having reported second-quarter results. But oftentimes the most interesting results come not from your Amazons or Apples, but from […]
China’s Jaka Robotics fueled by Saudi Arabia’s Prosperity7 in global push
Jaka Robotics, a Chinese startup that makes collaborative robots, has just pulled in a hefty Series D funding round of over $150 million from a lineup of heavyweight investors to […]
Social app IRL lays off 25% of team, says it has enough cash to last well into 2024
“We have all seen the state of the market,” IRL CEO and co-founder Abraham Shafi wrote in a company-wide memo where the social app announced it would be dramatically cutting […]
Top SoftBank LatAm partners leave firm to start their own
SoftBank Latin America is certainly having massive exits, but not the lucrative kind. Paulo Passoni and Shu Nyatta, two managing investment partners of SoftBank’s Latin America practice, are leaving the […]
Paack pulls in a $225M Series D led by SoftBank to scale its E-commerce delivery platform
By now, many of us are familiar with the warehouse robots which populate those vast spaces occupied by the likes of Amazon and others. In particular, Amazon was very much […]
SoftBank leads cash infusion into AI infrastructure company Pyxis One as it starts year with new name
Pyxis One, now Pixis, closed on $100 million in Series C funding to continue developing what it touts as “the world’s only contextual codeless AI infrastructure for complete marketing optimization.” […]
E-commerce aggregator Merama gets its horn after just 12 months in business
When it comes to investment in e-commerce aggregators in Latin America lately, when it rains, it pours. Merama, which acquires or launches Latin American digital brands, hit a $1.2 billion […]
China’s ride-hailing giant is delisting from the New York Stock Exchange
China’s ride-hailing behemoth Didi has begun the procedure of delisting from the New York Stock Exchange and applying to list in Hong Kong instead, the company announced via a Weibo […]