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Expedia adds SoftBank deputy general counsel Patricia Menendez-Cambo to board

04/09/2021|2:21:53 PM|

Expedia’s board has 14 members, including chairman and senior executive Barry Diller.

Chinese Uber competitor to launch in South Africa

03/30/2021|11:16:08 AM|

In less than a month, more than 2,000 drivers in the city are already connected to DiDi’s app.

OYO data signals flagging growth at another big Softbank-backed startup

05/13/2020|7:56:34 PM|

Recent counts show they've lost 32 percent down to around 20,000 with the steepest drop off taking place from the end of March to now.

Travel experience booking platform Klook raises $200 million in Series E round

01/26/2021|9:39:19 AM|

Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.

SoftBank-backed Getaround looks for a buyer as demand evaporates

04/07/2020|4:57:55 PM|

Getaround and the broader car-sharing industry had been facing challenges even before the pandemic.

OYO raises $807 million from SoftBank and RA Holdings

03/18/2020|11:47:26 AM|

This round will value OYO at $7.7 billion.

SoftBank-backed OYO firing thousands across China and India

01/15/2020|2:36:07 PM|

The Indian startup is said to have dismissed 1,800 staff.

The SoftBank effect: how $100 billion left workers in a hole

01/03/2020|4:21:54 PM|

When SoftBank changed its tune on growth, the companies used SoftBank’s cash often slashed or reneged on their incentives.

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