Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This […]
Softbank
Trending topics and news from the Softbank category
Back to news homeThe ice-breaking IPO we’ve waited for might not come from the US after all
I would give a LEG to see ARM break the IPO logjam Alex Wilhelm 7 hours British semiconductor giant ARM is heading back to the public markets after more than […]
Autonomous delivery startup Nuro lays off 20% of workforce
Nuro, the autonomous vehicle delivery startup backed by Softbank, Google and Tiger Global Management, is laying off about 300 people, or 20% of its workforce in an effort to preserve […]
SoftBank Vision Fund is reportedly laying off 30% of its workforce, or at least 150 employees
The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, […]
Have you marked down your portfolio yet? You are running out of time to hide
To mark down your portfolio or not mark down your portfolio? That is a question many venture capitalists are grappling with right now. But first, what does that mean? VCs […]
GoPuff to pull out of Spain as q-commerce belt tightening continues
The q-commerce belt tightening continues: US category veteran GoPuff, the Softbank-backed delivery platform juggernaut — which was being valued at $15BN as recently as 2020, and had been rumored to […]
SoftBank, 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 […]
Tech’s riskiest founders are getting a $650 million bet from Redpoint Ventures
For venture investors, noise is ironically important. Wading through constant streams of capital-seeking founders and startup pitches may be the hardest part of the job, but it’s also imperative to […]
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 […]