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News 29 May 2017 | 12:00 AM

SoftBank’s tech fund rankles VCs as valuations soar

EARLIER this month, SoftBank led a US$502mil investment in a London-based virtual reality startup called Improbable Worlds. Less than two years ago, the startup was worth about US$100mil.

Alibaba 27 Aug 2014 | 12:42 PM

Fund managers look to make room for Alibaba

Investors are looking over portfolios to make room for Chinese e-commerce giant Alibaba Group Holdings Inc's market debut next month — and that means some less attractive stocks that funds are holding might be shown the door.