Facebook parent Meta Platforms Inc (NASDAQ: FB ) and SoftBank Group Corp''s (OTC: SFTBY ) (OTC: SFTBF ) Vision Fund 2 backed Indian startup, Meesho, looks to go public in early 2023, Reuters reports . The Bengaluru-based social commerce platform is rooting … Full story available on Benzinga.com
The US, Japan, Europe, Southeast Asia and India based industry bodies, including ITI, JEITA, TechUK, US India Business Council, and Business Europe, represent thousands of companies and technology majors like Google, Amazon, Cisco, Dell, SoftBank and Microsoft.
Here are some noteworthy cleantech announcements of the day from around the world: SB Energy Global, a subsidiary of SoftBank Group Corp., announced that it The post Daily News Wrap-Up: SB Energy Places Order for 1.5 GW of Solar Modules with First Solar appeared first on Mercom India .

SoftBank shuffles Latin American fund team to report to Rajeev Misra

02:56am, Friday, 04'th Mar 2022 Economic Times India
The change comes after the January departure of Chief Operating Officer and SoftBank Group International Chief Executive Officer Marcelo Claure, who was responsible for the Latin American fund.
SoftBank Group Corp. has given responsibility for its Latin American funds to Rajeev Misra, who as CEO of SoftBank Investment Advisers, oversees its behemoth Vision Fund, according to people with knowledge of the matter.
Gopuff -- a Philly-based delivery service that''s backed by Softbank -- has floated a valuation of up to $40 billion and hired Goldman Sachs to help prepare for an IPO.
SoftBank Corp. has borrowed about 100 billion yen ($870 million) using Z Holdings Corp.’s shares in its first such asset-backed financing to raise funds for business purposes.
Arm is widely seen as the jewel in the crown of the U.K. tech industry and several people want it to be listed in its home country.

E-grocer Weee! raises $425m in funding led by Japan''s SoftBank

01:19am, Tuesday, 01'st Mar 2022 DealStreetAsia
E-grocer Weee! has raised $425 million in a late-stage funding round led by SoftBank Vision Fund 2.
TechStartups - Coverage of Technology News, technology startups, Emerging technology, venture capital funding, and Silicon Valley
Weee!, an online grocery delivery tech startup that specializes in Hispanic and Asian foods, has raised $425 million in Series E funding led by SoftBank Vision Fund 2. Weee! will use the fresh capital infusion to expand its customer base, offer grocery […] The post Online grocery delivery tech startup Weee! raises a massive $425 million funding led by SoftBank appeared first on Tech News | Startups News .
This new monster round comes about a year after another big fundraise of $316 million in Series D financing.

Japanese shares edge up on hopes for Russia-Ukraine negotiations

08:03am, Monday, 28'th Feb 2022 Business Recorder
TOKYO: Japanese shares reversed course to end higher on Monday as investors hoped for a positive outcome from the planned talks between Russia and Ukraine, easing concerns about the economic impact of harsh Western sanctions against Moscow. The Nikkei share average closed 0.19% higher at 26,526.82, after falling as much as 0.8% earlier in the day. The broader Topix also recouped early losses to end 0.57% higher at 1,886.93. The United States and its allies on Saturday moved to block certain Russian banks'' access to the SWIFT international payment system in further punishment of Moscow as it continues its military assault against Ukraine. Japanese shares edge higher on Wall Street gains; traders focus on US data The Ukrainian president''s office said negotiations with Moscow without preconditions would be held at the Belarusian-Ukrainian border. Russian news agency Tass on Sunday cited an unidentified source as saying the talks would start on Monday morning. "There were no market moving catalysts except the news on Ukraine and the market fluctuated depending on that.

fabric Raises $140M in Series C Funding

10:57am, Saturday, 26'th Feb 2022 FinSMEs
fabric, a Seattle, WA-based headless commerce company, raised $140M in Series C funding. The round, which and valued fabric at approximately $1.5 Billion, was led by Softbank, with participation from Forerunner Ventures, Glynn Capital, Redpoint Ventures, Norwest Ventures and Stripes. Concurrent with the funding, Robert Kaplan from Softbank will join fabric’s Board of Directors. The company intends to […] The post fabric Raises $140M in Series C Funding appeared first on FinSMEs .
WeWork Inc (NYSE: WE ) is yet to fill the Chair position since Marcelo Claure''s exit in January, Bloomberg reports . Claure, SoftBank Group Corp''s (OTC: SFTBY ) (OTC: SFTBF ) former COO, had held that position since the Japanese conglomerate rescued WeWork from near-insolvency in 2019. Claure resigned … Full story available on Benzinga.com
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