Tagged in SoftBank

WeWork Raises Money

has secured an additional $3b of funding from SoftBank Corp, despite never making a profit and losing $723m over the first half of 2018. This new round of funding brings…

Toyota and SoftBank Introduce MONET

Toyota and SoftBank have agreed to form a strategic partnership to facilitate the creation of new mobility services, and plan to establish a joint venture company, MONET Technologies Corporation, before…

SoftBank’s IoT Strategy to Bypass the Internet

SoftBank has announced that it has succeeded in completing the world’s first connection test in a commercial environment for NIDD (Non-IP Data Delivery), which has been newly defined in the…

ZhongAn Subsidiary Gets Backing From SoftBank

SoftBank’s Vision Fund announced today it has made an undisclosed investment in ZhongAn International, the global arm of . Alongside the investment, ZhongAn International will create a new entity in…

SoftBank Looks to Invest in wefox

According to Reuters, wefox is close to settling a new “triple-digit million” euro funding round, with Lemonade-backer SoftBank as one of the potential investors.   We recently reported that wefox is…

DiDi and SoftBank to Launch Taxi-Hailing Platform

DiDi Chuxing, the leading mobile transportation platform, and SoftBank today announced DiDi Mobility Japan Corp., their new joint venture to offer taxi-hailing services in Japan. DiDi Japan will begin pilot…

PolicyBazaar Raises >$200M Led by SoftBank

ETechAces Marketing & Consulting Pvt. Ltd (“ETechAces”) which owns India’s leading insurtech brand, PolicyBazaar.com and India’s leading lending marketplace, PaisaBazaar.com, today announced it has signed for an over $200 million…

Lemonade’s Identity Dilemma

Imagine a supermarket that sells companies, and imagine that Lemonade was for sale – would you expect to find it in the insurance aisle or the technology aisle?   In…

Swiss Re in Preliminary Discussions with SoftBank

Swiss Re informs that it is engaged in preliminary discussions with SoftBank Group regarding a potential minority investment in Swiss Re. Discussions are at a very early stage. There is no certainty…

Chat App Line to Enter Insurance

Japanese messaging service Line announced it has established a new company called Line Financial Corporation, as a follow-up to Line Pay, its mobile money transfer and payment service available on…

Get The Popcorn Ready, Lemonade Just Raised a Hundred and Twenty…

On 4:45 AM EDT, Lemonade took to Twitter to declare its latest round of funding to the tune of $120M led by SoftBank Group; bringing its total funding to date to $180M. Refresher:…