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Latest News on Vision Fund
Showing of 0 - 10 from 14 results
Vision Fund - Total results - 14
Oct 08, 2019
Hotel operators who partnered with Oyo call it 'biggest online fraud', demand criminal probe against Softbank-backed startup now poised to raise $1.5 bnFounded in 2013, Oyo started by aggregating bookings for India’s budget hotels, promising a standard of service in a market where that was more often the exception
Jul 18, 2019
SoftBank CEO Masayoshi Son says Japan lacks investment opportunities, lags in race to develop AIWhile SoftBank’s Saudi-backed Vision Fund poured tens of billions of dollars into bets on late-stage tech startups around the world, it overlooked Japan in favour of countries like the US, China and India.
Mar 28, 2019
Honda, Hino to join SoftBank-Toyota partnership's self-driving car service project; to take 10% stake in ventureThe new investment from Hino and Honda would leave SoftBank with a 40.2 percent stake in Monet, down from just over 50 percent when the venture was formed. Toyota will hold a 39.8 percent stake.
Nov 21, 2018
SoftBank Group to invest $450 million in logistics company Delhivery; Gurugram-based firm to be valued at $1 billionSoftBank's Vision Fund will invest around $350 million in Delhivery initially
Oct 24, 2018
Softbank's CEO Masayoshi Son cancels speach at Saudi Arabia conference: ReportSoftbank's Son’s speech cancellation comes as pressure mounts on Riyadh over Khashoggi.
Oct 22, 2018
Oyo enters long-term housing rental segment, rolls out services in Noida, Gurgaon, Bengaluru, and PuneOyo Living has onboarded about 36 properties with 2,000 beds, and the plan is to scale it to about 50,000 beds in the next one year
Jun 15, 2018
Japan's SoftBank Group to invest up to $100 billion in solar power projects in India, says reportSoftBank Group Corp has decided to invest $60 billion-$100 billion in solar power generation in India, Japanese public broadcaster NHK reported on Friday
May 23, 2018
Softbank is selling off its 20% stake in Flipkart to Walmart, making its first public divestmentIt also did not comment on its reasons for cashing out. The Flipkart exit comes far more quickly than SoftBank’s average investment duration of 13.5 years.
May 09, 2018
Softbank CEO Masayoshi Son confirms deal to sell Flipkart stake to US retail giant WalmartSoftBank Group CEO Masayoshi Son said Wednesday it has reached an agreement to sell its stake in Indian e-commerce company Flipkart to Walmart
May 08, 2018
Flipkart-Walmart deal: Co-founder Sachin Bansal to offload his 5.5% stake in firm after US retail giant's investmentThere have been reports about Sachin exiting Flipkart after the Walmart deal is sealed.