SoftBank plans to invest $1 billion from Latin America fund, with focus on plant-based
Source: The Japan Times
SoftBank Group Corp. will continue to invest in Latin America this year, focusing on industries including e-commerce, health care and fintech. As part of its $5 billion Latin America Fund launched in the first quarter of 2019, the Japanese giant plans to dole out $1 billion in 2020, adding to last year’s $1.6 billion.
The firm’s expansion in Latin America is also looking at startups that apply artificial intelligence to food-related businesses, especially those focused on plant-based food.