Banking FeaturedSVB crash: More banks to fail despite Joe Biden government intervention, says Bill AckmanIFM CorrespondentMarch 16, 2023March 17, 2023 by IFM CorrespondentMarch 16, 2023March 17, 2023 Bill Ackman slammed the Joe Biden government's response while predicting an economic disaster to occur... Read more
Featured FintechSoftBank invests in Indian payment technology platform JusPayIFM CorrespondentDecember 16, 2021 by IFM CorrespondentDecember 16, 2021 The investment was made through the SoftBank Vision Fund 2... Read more
Featured TechnologySoftBank announces $3 bn to invest in LatAm tech firmsIFM CorrespondentSeptember 17, 2021 by IFM CorrespondentSeptember 17, 2021 So far, it has backed companies in Brazil, Mexico, Chile, Colombia and Argentina... Read more
Featured TechnologyChinese ride-hailing giant Didi suspends UK expansion plansWebAdminAugust 26, 2021 by WebAdminAugust 26, 2021 The plan to launch in the UK as well as Europe is now postponed by at least 12 months... Read more
Featured TechnologySoftBank invests $60 mn in Axiata’s AI unitPritam BordoloiMay 12, 2021 by Pritam BordoloiMay 12, 2021 Axiata Digital Advertising (ADA) is valued at $260 mn... Read more
Magazine TechnologyJapan’s robots are conquering the worldWebAdminApril 1, 2021April 8, 2021 by WebAdminApril 1, 2021April 8, 2021 Japan is also using its robots to fight the Covid-19 virus... Read more
UncategorizedSoftBank to invest $3 bn in Latam as part of its capital deploymentInternational Finance Business DeskNovember 26, 2020 by International Finance Business DeskNovember 26, 2020 According to S&P Global, SoftBank has recognised rising opportunities in ecommerce, fintech, and insurtech in the region... Read more
Featured LogisticsSoftBank invests in Chinese trucking startup Full Truck AlliancePritam BordoloiNovember 25, 2020 by Pritam BordoloiNovember 25, 2020 The funding will be used to upgrade its matching system and to provide door-to-door transportation services... Read more
Banking and Finance Business Leaders FeaturedSoftBank’s Vision Fund CEO retires; top execs resignPritam BordoloiNovember 6, 2020 by Pritam BordoloiNovember 6, 2020 Neil Hadley, who serves as the chief of staff to SoftBank’s Vision Fund, will be the successor of Rajeev Misra... Read more
Featured HealthcareChinese pharmaceuticals XtalPi secures $318.8 mn fundingPritam BordoloiSeptember 28, 2020 by Pritam BordoloiSeptember 28, 2020 The funding round was jointly led by SoftBank’s Vision Fund 2... Read more