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Uber’s India rival Ola nears $6 billion valuation ahead of huge funding round – TechCrunch

Uber’s India rival Ola nears $6 billion valuation ahead of huge funding round – TechCrunch Ola, India’s local rival to Uber, has seen its valuation jump to nearly $6 billion as it prepares to take in a large round of financing. The ride-hailing firm, which was founded in 2010, has …

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WeWork rebranding won’t work – TechCrunch

WeWork rebranding won’t work – TechCrunch The company formerly known as WeWork has rebranded as the We Company — although a better name for its network of on-demand office spaces for the newly incorporated and nominally employed; co-living spaces for the same Easyjet-set; and educational and coding services could be “House …

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Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up – TechCrunch

Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up – TechCrunch Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful load of bucks. The company, which acquired Uber’s local business earlier this year, is planning to raise as …

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SoftBank’s Vision Fund is preparing to invest $1 billion in Grab – TechCrunch

SoftBank’s Vision Fund is preparing to invest $1 billion in Grab – TechCrunch SoftBank’s Vision Fund is set to continue its recent spree of investments in Asian tech unicorns. The mega fund — which is targeted at $100 billion — is planning to invest upwards of $1 billion into Southeast Asia’s …

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With today’s IPO sinking, a year of highs and lows for SoftBank – TechCrunch

With today’s IPO sinking, a year of highs and lows for SoftBank – TechCrunch If there was a word that dominated startup and tech news coverage this year, it was SoftBank. The Japanese telecom conglomerate’s Vision Fund pushed out a prodigious amount of capital this year — quite literally billions …

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SoftBank Corp shares drop 14% on their first day of trading, but it’s still one of the largest IPOs ever – TechCrunch

SoftBank Corp shares drop 14% on their first day of trading, but it’s still one of the largest IPOs ever – TechCrunch SoftBank Corp’s initial public offering today started with a bang before trailing off into a whimper, with the stock falling 14.5 percent during its first day of trading …

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Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the …

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Softbank invests in parking startup ParkJockey pushing valuation to $1 billion – TechCrunch

Softbank invests in parking startup ParkJockey pushing valuation to $1 billion – TechCrunch Softbank continues to invest in the future of transportation — this time in ParkJockey, a startup that has built a technology platform aimed monetizing parking lots. And ParkJockey, which was founded in 2013, is already using that …

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SoftBank’s Vision Fund inches closer to $100B – TechCrunch

SoftBank’s Vision Fund inches closer to $100B – TechCrunch Much has been said about the SoftBank Vision Fund (SBVF), mostly in awe of the size of the investment vehicle. It’s important to remember that the $100 billion number most often associated with the gargantuan fund is only a target. Today, however, the Vision Fund …

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Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a …

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