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SoftBank scales back its investment布局 (layout can be translated in context, here kept as is for precision, but alternative is 'presence') in Latin America as local venture capital boom fades
1 week ago /
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Author：小编
SoftBank Group is currently struggling to find startups in Latin America that meet its criteria for large-scale investments, reflecting a significant decline in the region's tech sector compared to the record influx of venture capital seen a few years ago. As a leading Japanese conglomerate, SoftBank had previously invested billions of dollars in local startups through its dedicated Latin America fund, but the number of companies meeting its investment threshold of $50 million or more has now decreased significantly.
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