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Thursday, January 31, 2019

SoftBank’s India kitty set to cross $10bn

Japanese telecom and internet major SoftBank is set to cross the $10-billion milestone in the country as it closes investments in two e-commerce ventures — baby care retailer Firstcry and sector-focused logistics company Delhivery. Both of these are expected to be in the $400-450 million range, helping the Japanese billionaire Masayoshi Son-led firm cross the promised number in less than five years after he announced in October 2014 that he will invest $10 billion over a decade.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2RqqTf3

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