SoftBank’s Vision fund to lead $3 bln plus round in Ele.me: Bloomberg

SoftBank’s Vision Fund is expected to lead a $3 billion to $5 billion investment in Ele.me, Bloomberg is reporting. Alibaba Group Holding, which owns the food delivery giant, plans to merge Ele.me with in-house arm Koube, the story said.

Source: https://www.pehub.com/2018/08/softbanks-vision-fund-to-lead-3-bln-plus-round-in-ele-me-bloomberg/

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