Japan's Softbank Group Corp reached an agreement to invest 250 million reais ($48 million) in pet products online retailer Petlove, the companies said in a statement on Tuesday.
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato
SAO PAULO - Japan’s Softbank Group Corp reached an agreement to invest 250 million reais in pet products online retailer Petlove, the companies said in a statement on Tuesday. The investment will come from Softbank’s Latin America fund, adding to previous venture capital investment from KasZek Ventures, Monashees and private equity firm Tarpon.
Founder Marcio Waldman said in a statement the investment would help accelerate Petlove’s growth amid higher demand for online services during the social isolation period mandated by Brazilian authorities.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Japan animal ventilator maker looks to boost output for human coronavirus patientsA Japanese medical equipment maker said it has been approached by Japan's government to mass produce its animal ventilators to treat people diagnosed with the new coronavirus, and that other countries have also expressed interest.
Lire la suite »
Coronavirus live updates: US Forces Japan declares public health emergency as Tokyo cases riseCORONAVIRUS LATEST: • U.S. Forces Japan declares public health emergency as Tokyo cases rise. • Pandemic of novel coronavirus has claimed the lives of more than 69,500 people. • There are now more than 1.2 million diagnosed cases of COVID-19.
Lire la suite »
Japan PM proposes state of emergency over virus, $1 trillion stimulusThe official declaration of the state of emergency would likely come as soon as Tuesday, Shinzo Abe told reporters, as the country grapples with a recent spike in coronavirus cases, especially in the capital Tokyo.
Lire la suite »
Japan to declare coronavirus emergency, launch stimulus of almost $1 trillion: PMJapan is to impose a state of emergency in Tokyo and six other prefectures as early as Tuesday to contain the coronavirus, while the government prepares a $990 billion stimulus package to soften the economic blow.
Lire la suite »