Softbank

Grab raises US$750 mil in latest fundraising round

SINGAPORE (Sept 20): Ride-hailing service Grab has raised US$750 million ($1.02 billion) in its latest round of fundraising, led by SoftBank as well as other existing and new investors.
Masayoshi Son, Softbank

SoftBank to sell part of stake in China's Alibaba for US$7.9 bil

TOKYO (June 1): SoftBank said Wednesday it will sell at least US$7.9 billion ($10.9 billion) worth of its stake in Chinese e-commerce giant Alibaba, as the Japanese firm looks to pay down a whopping debt load.
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