Tag: softbank

Grab Pulls In Record-Breaking VC Round

Grab Pulls In Record-Breaking VC Round

Grab, Uber’s main rival in Southeast Asia, has raised $2 billion so far for its latest round, which is being led by SoftBank and Chinese ridehailing company Didi Chuxing. Once closed, it will be the largest VC financing for a […]

6 Charts On GDP In China

6 Charts On GDP In China

With the release of the June quarter GDP results from China it’s worth checking in on a few charts that show some of the key trends in China’s economy. The charts present mostly a cyclical view, but the structural trends […]

WeWork, SoftBank Deepen Partnership

WeWork, SoftBank Deepen Partnership

WeWork and SoftBank have formed a joint venture to open co-working spaces across Japan. The companies will each own half of the venture, which will be called WeWork Japan and is set to launch its first location in Tokyo in […]

geralt / Pixabay

Alphabet Selling Boston Dynamics And Schaft To Softbank

Google’s parent company Alphabet will sell its robotics subsidiaries Boston Dynamics and Schaft to Japanese telecom company SoftBank. Alphabet has reportedly been looking for a buyer for Boston Dynamics, an MIT spin-off, for about a year. Earlier, the company reportedly tried […]

SoftBank Holds First Close For Biggest Fund Ever

SoftBank Holds First Close For Biggest Fund Ever

SoftBank has held the first close of its massive Vision Fund on $93 billion (yes, billion) in committed capital, seven months after the Japanese telecom giant announced the vehicle’s formation. The fund has raised eyebrows due to its sheer size—its […]

SoftBank’s Vision Fund Eyes $95 Billion Close

SoftBank’s Vision Fund Eyes $95 Billion Close

Japanese telecom giant SoftBank (TKO: 9984) has set an official target of ¥10 trillion (about $88 billion) for its upcoming Vision Fund, according to the company’s fiscal 2016 earnings report released May 10. That’s a good chunk less than the $100 billion […]