“We’re building a decentralized ghost kitchen,” is a sentence that could launch a thousand investor calls, and Alex Canter, the chief executive officer behind Ordermark, knows it. The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s latest Vision Fund to invest in …
Read More »SoftBank is in talks to invest up to $4 billion in WeWork
SoftBank is being linked with an investment that could value WeWork at more than $20 billion. CNBC reported that the Japanese telco giant is gearing up to make an initial investment of $2 billion into WeWork, with a view to putting nearly $1 billion more into the firm. The publication said …
Read More »Manufacturing giant Foxconn is taking over SoftBank’s investment fund in Asia
Foxconn is taking over SoftBank’s Asia-based tech investment fund. The manufacturing giant, which is responsible for producing Apple’s iPhone among many other tech products, has agreed to buy a majority 54.5 percent stake in SoftBank Asia Capital in exchange for $600 million, according to a filing. The deal is scheduled to …
Read More »Apple may participate in $100 billion SoftBank fund
Apple is considering investing up to $1 billion in the SoftBank Vision Fund, according to a report from the Wall Street Journal. With a fundraising target of $100 billion, Apple’s participation would mean that the world’s largest tech company would be investing in the world’s largest tech fund. SoftBank itself …
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