SoftBank is exploring the sale of some of its stakes in Latin American startups, even when public offerings are less accessible in the region. SoftBank Group, headquartered in Tokyo, is a global conglomerate known for its diverse portfolio ranging from telecom services to pioneering investments in tech startups through its Vision Fund. Recently, the Japanese […]
Related Posts
Spreading Prosperity: Brazil Sees Economic Shift from Big Cities
Brazil’s economy is undergoing a transformation, as major cities wield less dominance in its GDP, a shift highlighted in a recent study by the Brazilian stats agency IBGE. Previously, a few cities like São Paulo and Rio de Janeiro had a big share of the national wealth. The wealth is now spread more among many […]
Cutting Costs, Boosting Business: São Paulo’s Economic Reform
Governor Tarcísio de Freitas is launching a transformative plan to save São Paulo up to R$20 billion ($3.88 billion) annually. This ambitious initiative aims to slash public spending, boost investments, and enhance the business environment. Central to the plan is the overhaul of tax incentives for businesses, currently totaling around R$60 billion ($11.65 billion). The […]