SoftBank-backed CloudMinds slashes jobs over failed IPO
The company will cut between 175 and 225 jobs — and shut down its co-headquarters in Silicon Valley...
Tag : SoftBank
SoftBank invests $100 mn in Mexican fintech Konfio
This is Softbank’s third investment in Mexico reflecting its interest to promote new technologies...
China fintech OneConnect skips HK, to raise $100 mn in US IPO
The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market...
Brazil’s QuintoAndar secures $250 mn SoftBank led funding
With the new funding from SoftBank, the Brazilian company enters the unicorn territory with a valuation of over $1 bn...
New Aramco chairman takes charge, assures transparency
Yassir Al Rumayyan’s appointment is a clear indication that Saudi Arabia is fast-tracking a local listing of Aramco...
Brazil fintech Banco Inter raises $343 mn from SoftBank
Shares in Brazil’s Banco Inter surged more than 20 percent as Japan’s Softbank bought into the company....
UK’s fintech continues to dazzle despite Brexit fears
Even as UK inches closer to Brexit, the country's fintech industry appears to be unhinged as it continues to attract talent, opportunities and funds...
T-Mobile, Sprint ready to transform the US wireless ecosystem
T-Mobile and Sprint Corp. signed a US$26.5bn agreement to change the wireless landscape by tapering down to only three major cell phone providers...
Mumtalakat may invest in SoftBank Vision Fund
SoftBank Vision Fund is a foundation platform for disruptive innovators in the technology sector...
Paytm-Snapdeal merger, SoftBank to invest US$1bn
The all-stock merger between the two companies is a suitable deal, say industry experts...