Softbank

After Shopify’s huge quarter, BigCommerce raises its IPO price range

When BigCommerce, the Texas-based Shopify competitor, first announced an IPO price range, the numbers looked a little light. With a range of just $18 to $20 per share, it appeared that the firm was ta

Boston Dynamics CEO Rob Playter is coming to Disrupt 2020 to talk robotics and automation

Back in January, Robert Playter became the CEO of Boston Dynamics. It was a momentous occasion, marking the company’s first new CEO since its founding in the early 1990s when the company was founded

BigCommerce files to go public

As expected, BigCommerce has filed to go public. The Austin, Texas, based e-commerce company raised over $200 million while private. The company’s IPO filing lists a $100 million placeholder fig

Arm plans to spin off IoT businesses under SoftBank banner as it focuses on core chip design business

Arm today announced plans to spin off its two IoT businesses, a move that would effectively transfer the divisions under the broader umbrella of the SoftBank Group core, which purchased the chip desig

Watch an army of Spot and Pepper robots cheerlead a baseball game in an empty stadium

The UK government to acquire satellite company OneWeb in deal funded in part by India’s Bharti Global

Distressed satellite constellation operator OneWeb, which had entered bankruptcy protection proceedings at the end of March, has completed a sale process, with a consortium led by the U.K. Government

Insurtech unicorn Lemonade raises IPO range ahead of debut

Ahead of its expected IPO pricing later today, SoftBank-backed insurtech startup Lemonade has raised its expected price range. After initially targeting $23 to $26 per share in its debut, Lemonade now

Chinese online learning app Zuoyebang raises $750M

Zuoyebang, a Beijing-headquartered startup that runs an online learning app, said on Monday it has raised $750 million in a new financing round as investors demonstrate their continued trust in &#8212

Daily Crunch: SoftBank founder leaves Alibaba board

SoftBank and Alibaba seem to be pulling apart, Amazon launches a no-code app builder and a new congressional bill takes a different approach to online protections. Here’s your Daily Crunch for J

Wirecard, the disgraced German payments firm backed by SoftBank, files for insolvency over €1.3B in loans coming due

The house of cards has well and truly collapsed for Wirecard, the German payments company that has been accused of accounting fraud. Today it announced that its German operation Wirecard AG was applyi

Google to offer loans to merchants in India

Google said on Thursday it plans to offer credit to millions of merchants in India through its Google Pay app starting later this year as the American technology group looks to help small businesses i

Masayoshi Son resigns from board of Alibaba; defends SoftBank Group’s investment strategy

SoftBank Group founder Masayoshi Son said on Thursday he is leaving the board of Jack Ma’s Chinese e-commerce giant Alibaba Group today, a month after Ma left the board of Son’s technology group.

SoftBank-backed Lemonade files to go public

Lemonade, a heavily-backed startup that sells renters and homeowners insurance to consumers, filed to go public today. The company (backed by SoftBank, part of the Sequoia empire, General Catalyst and

Google and Walmart establish dominance in India’s mobile payments market as WhatsApp Pay struggles to launch

In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp P

SoftBank launches $100M+ Opportunity Growth Fund to invest in founders of color

As we continue to see protests across the U.S. (and elsewhere) sparked by the killing of George Floyd by police in Minnesota, SoftBank is announcing a new investment vehicle to back entrepreneurs of c

China Roundup: SoftBank leads Didi’s $500M round and Meituan crosses $100B valuation

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we had a barrage

SoftBank led $500M investment in Didi in China’s biggest autonomous driving round

The race to automate vehicles on China’s roads is heating up. Didi, the Uber of China, announced on Friday an outsized investment of over $500 million in its freshly minted autonomous driving su

Nuro’s self-driving vehicles to deliver prescriptions for CVS Pharmacy

Nuro, the autonomous robotics startup that has raised more than $1 billion from SoftBank Vision Fund, Greylock and other investors, said Thursday it will test prescription delivery in Houston through

Clubhouse proves that time is a flat circle

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. First, a big thanks to everyone who took part in the Equity survey,

Beware mega-unicorn paper valuations

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. There’s a famous old post going around Twitter this week by entrepreneur an
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