Friday, January 17, 2020

Sources: SoftBank's Vision Fund led a $750M investment last August in Philadelphia-based goPuff, an on-demand delivery service for convenience products (The Information)

The Information:
Sources: SoftBank's Vision Fund led a $750M investment last August in Philadelphia-based goPuff, an on-demand delivery service for convenience products  —  SoftBank's Vision Fund made one of its largest U.S. venture investments last year in a Philadelphia-based startup that has developed …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...