Analysis
It is targeting $700 million annualised revenue by the end of 2027.
1
Living Lab Ventures charts long-term plan to turn BSD City into healthcare hub
2
US men’s lifestyle brand Playboy to sell 50% of its China business to UTG
3
Indian digital finance firm Olyv raises $23m from Fundamentum, SMBC Fund
4
Cactus leads $17m funding in Showroom B2B and other India deals
5
Venturi Partners leads $30m funding in Indian pet care startup Supertails
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Earnings and Results
SoftBank invested more than $30 billion in the ChatGPT-maker in 2025.
Policy & Regulations
The change risks disappointing investors who want more emphasis on shareholder returns.
Private Wealth
Wai Kin Leung joins as senior VP; Kate Chan as head of Asia wealth marketing; and Hai Rou Ong as executive.
Its domestic bond holdings recorded an investment loss of 1.53 trillion yen.
Private Equity
The company has been grappling with soaring memory costs.
Deals
IBM appears set to join SoftBank and Sony in backing the company.
Existing backers Ten Eleven Ventures; Main Sequence Ventures; and StepStone Group also participated.
Venture Capital
The vehicle will back tech companies in the Gulf and beyond as they prepare for IPOs.
The announcement follows similar moves by neighbours Saudi Arabia and the UAE.