 "SoftBank's Masayoshi Son eyes bringing Coupang services to Japan")
TOKYO (Reuters) - SoftBank Group Corp CEO Masayoshi Son said on Monday the conglomerate's domestic internet business Z Holdings is in talks with South Korean e-commerce firm Coupang about bringing its services to Japan.
SoftBank's Vision Fund markets itself to potential investments as offering a gateway to Japanese markets. Z Holdings completed a merger with internet business Yahoo Japan and chat app Line this month.
The turnaround in valuations at the $100 billion Vision Fund was underscored at Coupang's New York debut earlier this month. SoftBank holds a 37% stake in Coupang, which has a market cap of $75 billion.
(Reporting by Sam Nussey; editing by David Evans)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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