SoftBank plans to invest around $1.6 billion in Chinese ride-hailing app operator Didi Chuxing, marking the Japanese internet giant’s third investment in the company.
In an interview with CNBC, SoftBank CEO Masayoshi Son (pictured) said the investment in Didi, which follows a $5 billion commitment in 2017 and a $7.3 billion deal in 2016 alongside other investors, reflects...
Australian graphic design start-up Canva has raised $70 million from investors including US-based General Catalyst and Bond Capital, the new vehicle of Silicon Valley veteran Mary Meeker. It values Canva at $2.5 billion.
India’s Everstone Group has hired Suresh Vaswani (pictured), a former executive at Wipro, Dell, and IBM, as a senior director focused on investments in information technology (IT).
Sanjieke, a China-based vocational training services provider, has raised an RMB130 million ($19 million) in a Series B round of funding led by Wu Capital.