Browsing: SoftBank

US vertical farming startup Plenty is collaborating with Mawarid, a subsidiary of Alpha Dhabi Holding, in a $680M agreement to establish a network of indoor farms in the Middle East, the companies revealed to Reuters.

WeWork, the office-sharing firm, submitted a Chapter 11 bankruptcy protection request in a federal court in New Jersey. The company stated that it had reached agreements with the majority of its secured note holders and outlined intentions to cut back on “non-operational” leases. The bankruptcy filing pertains exclusively to WeWork’s locations in the United States and Canada. In their initial submission, WeWork revealed debts totaling $18.65B in contrast to total assets amounting to $15.06B.

In the upcoming weeks, Mubadala, the wealth fund of Abu Dhabi, may declare its $2…

Japanese technology firm SoftBank Group posted a $23.4 billion loss in the April-June quarter as…

The SoftBank-backed start-up reported an 82% jump in net merchandise value in this year’s fiscal…

SoftBank-backed Indian digital payments service provider to use funds to venture into other financial services,…

Snapdeal, the Indian online retailer backed by SoftBank Group Corp. and Alibaba Group Holding Ltd.,…

SoftBank Group Corp. has made its first investment in a company based in Saudi Arabia, leading…