softbank
Business

In the midst of the e-commerce boom, SoftBank’s billionaire founder sees warehouse robotics as having a bright future

SoftBank, the Japanese telecommunications and investment conglomerate, is increasing its bet on e-commerce and robotics with a new large investment. AutoStore, a Norwegian corporation that specialises in warehouse automation technology designed to support e-commerce operations, is receiving a $2.8 billion investment from the Tokyo-based business. The investment, according to a statement released last week, values

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Swiggy
Business

Masayoshi Son, the founder of Softbank, has chosen Swiggy over Zomato as the recipient of a $450-$500 million investment

Swiggy recently closed a $800 million series J round with Falcon Edge, Amansa, Think Investments, Carmignac, and Goldman Sachs, valued at $5 billion. SoftBank has been reviewing India’s two food tech giants, Zomato and Swiggy, for a potential investment for the past 30 days. SoftBank founder Masayoshi Son has made up his mind after separate

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