Japan's Softbank to invest $48 million in Brazil pet products site Petlove

  • 📰 Reuters
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Japan's Softbank Group Corp reached an agreement to invest 250 million reais ($48 million) in pet products online retailer Petlove, the companies said in a statement on Tuesday.

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato

SAO PAULO - Japan’s Softbank Group Corp reached an agreement to invest 250 million reais in pet products online retailer Petlove, the companies said in a statement on Tuesday. The investment will come from Softbank’s Latin America fund, adding to previous venture capital investment from KasZek Ventures, Monashees and private equity firm Tarpon.

Founder Marcio Waldman said in a statement the investment would help accelerate Petlove’s growth amid higher demand for online services during the social isolation period mandated by Brazilian authorities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Awesome! The fact is that e-commerce in Brazil is just beginning... he who starts off best, takes the lead! Brazil is a huge market and we can help you to invest with more assurance, so you don’t make the same mistake EQUIFAX did. Equifax got to Brasil first, but...

There’s SoftBank throwing good after bad

泛亚交易所的企业法人也是第一大股东竟然是【昆明市人民政府国有资产监督管理委员会】,认缴出资1700万股。昆明市中级人民法院对泛亚案应当无管辖权!作为发起成立并监管泛亚的昆明市政府应当赔偿受害人本息!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan animal ventilator maker looks to boost output for human coronavirus patientsA Japanese medical equipment maker said it has been approached by Japan's government to mass produce its animal ventilators to treat people diagnosed with the new coronavirus, and that other countries have also expressed interest. GJ! Go Japan! Hey. We're animals too..
Source: Reuters - 🏆 2. / 97 Read more »

Coronavirus live updates: US Forces Japan declares public health emergency as Tokyo cases riseCORONAVIRUS LATEST: • U.S. Forces Japan declares public health emergency as Tokyo cases rise. • Pandemic of novel coronavirus has claimed the lives of more than 69,500 people. • There are now more than 1.2 million diagnosed cases of COVID-19. É muita gente infectados. DEFCON 3 If it exists 14000 deaths of Dengue in Brasil since january. who cares?the show of China virus must go on. empty hospitals here,corrupt politician the governor of São Paulo state falsificate deaths certificates. ereybody in the word who associate of Chine bussiness is accomplice of genocide
Source: ABC - 🏆 471. / 51 Read more »

Japan considering six-month period for state of emergency: TBSThe Japanese government is considering a period of six months for the state of emergency that it is preparing to call in response to the coronavirus pandemic, broadcaster TBS reported on Monday. This year 2020 will be fully wasted due to CoronaPandemic. covid19 ruined it all ...... So many disasters like red death (war) and white death (diseases) will spread all over the world at the Apocalypse. People got fed up with all these but there is no way out except asking God for the Reappearance of the Savior ThePromisedSaviour Misinformation by TBS Not “6month period” Until “June” “6 gatsu”=June”
Source: Reuters - 🏆 2. / 97 Read more »

Japan PM proposes state of emergency over virus, $1 trillion stimulusThe official declaration of the state of emergency would likely come as soon as Tuesday, Shinzo Abe told reporters, as the country grapples with a recent spike in coronavirus cases, especially in the capital Tokyo.
Source: trtworld - 🏆 101. / 63 Read more »

Japan to declare coronavirus emergency, launch stimulus of almost $1 trillion: PMJapan is to impose a state of emergency in Tokyo and six other prefectures as early as Tuesday to contain the coronavirus, while the government prepares a $990 billion stimulus package to soften the economic blow. DO NOT remove your mask like the Prime Minister did! The number of the beds of the ICU per population in Japan is less than half of Italy. As the COVID-19 outbreak is press the capacity of health care system, it is extremely important that japan realize 'flatten of the infection curve'. MalavitaPeppina
Source: Reuters - 🏆 2. / 97 Read more »

Japan PM Abe to declare state of emergency as early as Tuesday: YomiuriJapanese Prime Minister Shinzo Abe will declare a state of emergency over the coronavirus as early as Tuesday and will likely announce his plans to do so on Monday, the Yomiuri newspaper reported. Cc jokowi KemenkesRI fadjroeL BNPB_Indonesia Do it without notice. Too late!
Source: Reuters - 🏆 2. / 97 Read more »