SoftBank Group International CFO Alok Sama to step down

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Sama’s departure comes against the backdrop of management upheaval at the firm.

Pinterest, Zoom Video debuts set pace for unicorns’ IPO race

Other high-profile companies with plans to go public include Uber, Slack, Postmates Inc., Palantir Technologies Inc. and Airbnb Inc.


Qatar fund QIA buys chunk of $5.6b Manhattan portfolio

The Middle Eastern kingdom ultimately wants to boost its U.S. investments to $45 billion to better balance its holdings.


Uber nabs $1b funding from SoftBank, Toyota for self-driving unit

SoftBank will invest $333 million from its Vision Fund while Toyota and Denso will put in $667 million.


Private equity investors are making bigger bets in Asia’s healthcare sector

Deal value in Asia Pacific in 2018 stood at $15.8 billion, up 77 per cent from $7.2 billion in 2017, per Bain & Co.’s eighth Global Healthcare Private Equity and Corporate M&A Report.


Blackstone to convert from partnership to corporation

Blackstone is hoping the move will boost its share price, which has for more than a decade traded at a discount to traditional asset managers such as BlackRock Inc


Japanese VC firm Globis makes first close of latest fund at $321m

The fund plans to make investments primarily in the digital sector and tap opportunities in new technologies such as AI, IoT and blockchain.


Family tracking app Life360 launches $104m Australia IPO

The deal will value the company at about A$689 million, Life360 said.


Zoom Video raises $751m in IPO, valuation tops $9b

Zoom is one of the few tech unicorns set to go public this year that has made a profit.


Pinterest IPO raises $1.4b as it shuns social media, search engine tag

The IPO values Pinterest at about $12.7 billion. Pinterest’s last valuation, from a private funding round in 2017, was $12.3 billion.