SoftBank’s investments make up a vast chunk of the total market.
SOFTBANK Group Corp’s Latin America foray, a multibillion-dollar deal spree that minted a wave of “unicorns” and upended the region’s startup landscape, is just getting started.
The Japanese technology giant still has about US$4bil (RM16.8bil) left in the US$5bil fund it launched in March for new technology companies in the region, and has its sights on roughly 300 targets, according to Andre Maciel, a managing partner at SoftBank Group International. About 200 of those are in Brazil, he said.
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