The agreement lets SoftBank and other firms invest up to $1 billion in Uber, and proceed with a tender offer in coming weeks to buy up to $9 billion in shares from existing investors.
News
SoftBank to inject $2.25B in General Motors’ self-driving unit
Japan's Softbank is pouring $2.25 billion in investments to General Motors' autonomous vehicle unit Cruise.0 2278
SoftBank Vision Fund pumps $4.4 billion into WeWork
Japan’s SoftBank and its Saudi Public Investment Fund-backed Vision Fund have agreed to invest a combined $4.4 billion into New …
SoftBank-designed robot priest available for funeral hire in Japan
Funeral arrangers have the option to deck Pepper out in the robe of a Buddhist monk, and can even live-stream the ceremony to those who can’t attend the funeral in person.
Uber’s SEA rival Grab receives $2 billion in investments
Grab has announced that it recently raised $2 billion from Didi Chuxing and SoftBank Group in the largest–ever venture fundraising in Southeast Asia, said reports.
Vision Fund spree begins with $473m farming, AI bets
SoftBank has announced almost half a billion dollars’ worth of tech investments in a diverse group of companies ranging from …
SoftBank to buy Boston Dynamics
SoftBank’s latest robotics acquisition could allow it to open up a whole new market for service industries and home help. …
Bloomberg: SoftBank seeking Kuwaiti, Qatari Vision cash
SoftBank Group Corp is in discussions with potential investors in the Middle East and Canada to raise $7 billion of …
Transformation Talk | Weekly news round-up 18.5.17
Transformation Talk gives you a weekly roundup of the biggest news in the technology industry.
SoftBank nears $95 billion investment announcement
SoftBank Group Corp. is close to announcing commitments of as much as $95 billion for its technology fund, according to Bloomberg. …
SoftBank to invest $1.4 billion in India’s Paytm
SoftBank Group Corp. is reportedly in talks to invest about $1.4 billion in India’s One97 Communications, owner of online payments provider Paytm.