SoftBank, Investor in 4 of 2019's Largest Startup Funding Rounds

Technology & Telecommunications

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Andrea Lidwina 04/02/2020 15:48 WIB

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SoftBank invested in four of the five largest global funding rounds in 2019, including China's Chehaoduo and India's Grab.

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SoftBank, Investor in 4 of 2019's Largest Startup Funding Rounds

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Top 5 Global Funding Rounds (2019)

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SoftBank Group invested in four of the five largest global funding rounds in 2019. The Japanese conglomerate injected funds into Chinese car sales startup Chehaoduo (US$1.5 billion) and Grab, which provides logistics services in India (US$1.45 billion).

Together with other companies, SoftBank also invested in the British telecommunications startup OneWeb and the American autonomous vehicle service Cruise Automation. Meanwhile, the Chinese real estate startup Beike Zhaofang received US$1.2 billion in funding from Tencent Holdings and New Horizon Capital.

In Indonesia, SoftBank has invested in several startups, including Tokopedia, Moka, Shopback, and Alodokter.

Editor : Safrezi Fitra

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."