SoftBank Capital Invests a Billion in Rappi

Posted on 04/30/2019


Japan-based SoftBank Group Corporation revealed plans to invest US$ 1 billion in Rappi, a Colombian deliver app. Initially, SoftBank Group and the Vision Fund would each split the investment evenly. Afterward, corporate SoftBank group would offer its newly created Innovation Fund for Latin America, the investment in Rappi. Post-deal, SoftBank named Jeffrey Housenbold, managing partner […]