Mapbox, a location platform, has secured a $280 million investment in a Series E funding round to support the expansion of its platform in the automotive industry and the integration of artificial intelligence (AI) into vehicles. Having established itself as a location platform for mobile...
Coupang Inc., the South Korean online retailer known for its early and one-day delivery, posted its fourth consecutive quarterly profit, driven by efficiencies in logistics and membership programs that bolstered margins. The firm, backed by SoftBank Group Corp., reported a net income of $145 million for...
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market, Bloomberg reported Monday (July 17). With 38% share of that market, Ola Electric has sold...
With a bewildering number of choices, banking apps fueled by Tencent Holdings Ltd, SoftBank Group Corp, and other players are spreading in Brazil, as some critics note a shakeout is looking more probable. Customers buy products, get loans and open checking accounts that are no-fee...
September 30, 2024
Japan’s SoftBank is reportedly planning to invest in OpenAI’s multi-billion dollar funding round. The $500 million investment would come from the bank’s Vision Fund, The Information reported Monday (Sept. 30), citing a source familiar with the matter. The news follows recent reports that OpenAI was in talks to raise $6.5 billion in a funding round that would […]
September 19, 2023
Mapbox, a location platform, has secured a $280 million investment in a Series E funding round to support the expansion of its platform in the automotive industry and the integration...
July 17, 2023
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market,...
December 17, 2019
With a bewildering number of choices, banking apps fueled by Tencent Holdings Ltd, SoftBank Group Corp, and other players are spreading in Brazil, as some critics note a shakeout is...
