British chip design firm Arm has transferred shares in its Chinese joint venture Arm China, to a firm jointly held by Arm and Japan's SoftBank Group Corp., in a move that may speed up its plans to go public.
A Chinese unmanned retail operations firm called "Feng E Zu Shi" (丰e足食) announced on Tuesday its completion of A-round financing totaling 300 million yuan ($47 million).
Alibaba Group Holding Ltd. has reportedly registered one billion new American depositary shares (ADSs), suggesting that SoftBank Group Corp. may intend to sell some of its shares.
On Wednesday, Shanghai Eigencomm Technologies Ltd. announced the completion of its C Round of financing worth 1 billion yuan.
Chinese grocery platform Dingdong Maicai raised $330 million in a Series D+ round of financing led by the SoftBank Vision Fund, according to investor and advisor Cygnus Equity, as the startup continues its expansion in the crowded fresh food delivery market.
Chehaoduo Group has recently raised an additional $200 million, adding to the $1.5 billion Series D round of financing raised earlier from investors including Softbank and Sequoia Capital China.
As the coronavirus spreads around the world creating a new wave of panic and uncertainty, the VC landscape starts to look desolated again.
On Mar.4, China’s leading online long-term apartment rental companies Beike officially confirmed that it had completed a D+ round of financing.
The Information has reported that China’s ride hailing giant Didi Chuxing is currently in talks with Japanese investment behemoth SoftBank to raise capital to fund the substantial development of self-driving vehicles.
Didi Chuxing (DiDi) announced a joint venture with SoftBank on July 19 to offer on-demand taxi-hailing services and smart transportation solutions for customers in Japan, the world’s third largest economy.
Remember the unmanned ground sweeper landed in Changsha, Hunan last week?
On March 6, Haier announced its vision of future robots serving ordinary families, and officially entered the field of service robots. Haier also entered a strategic partnership with SoftBank to introduce SoftBank’s humanoid robot “Pepper” into the Chinese market.
Didi Chuxing, the China’s leading mobile transportation platform, and SoftBank Corp. (“SoftBank”) today announced the establishment of a partnership to provide platform services for the taxi industry.