That’s the headline on my newest story, an exclusive out yesterday. It begins: NEW DELHI–SoftBank Group Corp. is doubling down on its bet on an Indian grocery-delivery startup, in the global investor’s latest foray in the world’s largest untapped tech market. Grofers India Pvt. said Wednesday that it received just over $200 million in a […]
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SoftBank Leads $1 Billion Investment in Indian Hotel-Booking Startup
That’s the headline on my latest story, out yesterday. It begins: SoftBank Group Corp. is doubling down on one of its biggest bets in India by leading a $1 billion investment in hotel-booking startup OYO Hotels. The company, based in Gurgaon, India, has received $800 million in a round led by SoftBank’s Vision Fund, which […]
Uber Battles Ride-Sharing Startups in SoftBank ‘Family’
That’s the headline of my newest story, which I wrote with my colleage Mayumi Negishi, out today. It begins: SoftBank Group Corp., the world’s biggest technology investor, has poured some $20 billion into ride-sharing companies around the globe, including Uber Technologies Inc. Now, those companies are spending at least some of SoftBank’s money to battle […]