SoftBank founder Masayoshi Son admitted to a lapse in judgment on WeWork while disclosing that SoftBank Vision Fund and SoftBank Group have written down their positions in the beleaguered co-working space provider by a combined $7.7 billion.
Three months ago, WeWork was valued at $47 billion and preparing for an IPO. Last month, following a crisis in confidence among investors over the company’s governance and precarious financials and the...
Moat Private Equity, a Korea GP set up last year, has taken an approximately 14% stake in KOSDAQ-listed electronics industry supplier Exax for KRW19.8 billion ($16 million).
Nykaa, an online retailer of cosmetic and fashion products in India, has raised INR1 billion ($13 million) in a funding round led by Steadview Capital.
Southeast Asia and Latin America are trying to leverage complementary aspects of their start-up ecosystems, much like China and Africa before them. These endeavors are not as straightforward as they might seem
Tadasu Matsuo, head of alternative investments at Japan Post Insurance (JPI), has joined HarbourVest Partners as a managing director where he will co-lead Japan coverage alongside Tatsuya Kubo.