SoftBank cuts back spending, leaving start-ups desperate for cash

2022-04-25

April 26, 2022 8:42 AM

TOKYO (BLOOMBERG) – SoftBank Group-backed Light is struggling to raise funds after the world’s largest tech investor balked at putting more money into the start-up, people familiar with the matter said.

Source : https://www.straitstimes.com/business/companies-markets/softbank-cuts-back-spending-leaving-start-ups-desperate-for-cash

Mexico detains almost 6,000 foreign migrants in four days

Singaporeans hold vigil for Malaysian in high-profile death row case

SoftBank cuts back spending, leaving start-ups desperate for cash

Latest Articles

Marina Bay Sands posts strong Q1 earnings, but a bit of bad luck holds back profits

CapitaLand Investment tells shareholders it will stick to property-backed lending as concerns emerge

STI slides 1.2% as Brent price rises above US$100

American whiskey distilleries reroute shipments to Singapore as trade tensions bite

Three directors quit CDL hotel unit: Who are they?

Wildfire in northeast Japan spreads, burning over 200 hectares