NewsSoftBank’s USD 100 billion Vision Fund to shed 15% of staffInvestments in the likes of Uber and WeWork have plunged in value. 1 min read
Oyo had put some of its employees on an unpaid temporary leave starting May 4 for four months. NewsOyo allots ESOPs worth USD 18 million to furloughed employees3 mins read
Reliance also got into the online grocery market which is expected to reach USD 3.6 billion by 2024. NewsPaytm Mall looks to invest in Grofers to strengthen its grocery business2 mins read
Ola Electric competes with companies such as Bounce, Vogo, and Yulu, among others. NewsOla Electric acquires Dutch startup Etergo BV in global e-bikes push2 mins read
Throughout the years, the Japanese conglomerate has made a series of deals in China that shaped up the country’s business and tech. Visual StoriesTECH PANORAMA | SoftBank remains successful in China despite major international failures 2 mins read
The firm’s value has risen more than a third within two years. NewsCHINA BRIEF | ByteDance’s market capitalization hits between USD 100 billion and USD 140 billion1 min read
The Japanese conglomerate said its SoftBank Vision Fund has suffered a loss of USD 18 billion due to COVID-19. NewsSoftBank CEO Masayoshi Son warns coronavirus could bankrupt 15 Vision Fund-backed unicorns2 mins read
Independent directors named as CEO Son tries to boost confidence after big loss. NewsJack Ma leaves SoftBank board after 13 years4 mins read
The firm pivots to after-sales services, as user vehicle demand crashes during the COVID-19 outbreak. Visual StoriesKEY STAT | Automotive platform Chehaoduo bags USD 200 million from SoftBank and Sequoia China1 min read
