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Tag: SoftBank

RIO DE JANEIRO, BRAZIL - Brazil’s VTEX, a digital commerce platform backed by SoftBank Group Corp, said on Monday (12) it was targeting a valuation of up to US$3.2 billion in its U.S. initial public offering (IPO). The company’s offering...
RIO DE JANEIRO, BRAZIL - Japan's SoftBank Group has invested US$200 million in Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, said Roberto Dagnoni, executive chairman and chief executive officer of 2TM Group, the trading platform's...
RIO DE JANEIRO, BRAZIL - (REUTERS) Gympass, which makes gym memberships more accessible for corporate employees, has raised US$220 million in a funding round led by existing investor SoftBank Group Corp, more than doubling the startup's valuation to $2.2...
RIO DE JANEIRO, BRAZIL -Frubana, an e-commerce startup for restaurants, wants to accelerate its expansion and plans to open over 300 jobs in the next 12 months. In early June, the company announced a US$65 million (around R$351 million) investment...
RIO DE JANEIRO, BRAZIL - Buser, which operates an intercity bus transportation app in Brazil, has raised R$700 million (US$138 million) in a capital round that it will use for a R$1 billion investment plan in Brazil over the...
RIO DE JANEIRO, BRAZIL - A group of investors led by Softbank Group has invested R$450 (US$83 million) in Brazilian test-prep startup Descomplica, which has seen demand for its online learning services surge in the pandemic, the company said...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – At the beginning of 2018, Brazil announced its very first "unicorn" company, transportation-based app 99. By the end of the year, the country already had six companies with a market...

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