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How SoftBank is steering e-commerce consolidation against Google, Amazon

Softbank group, headed by Masayoshi Son is trying to consolidate the world's e-commerce and telecom business against Google and Amazon backed by its $100 billion vision fund

SoftBank
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SoftBank Group aims to sell about 30 per cent of SoftBank, Japan’s No 3 wireless carrier, for around 2 trillion yen

Karan Choudhury New Delhi
Not just in India, global telecom giant SoftBank group, headed by Masayoshi Son, is out to consolidate the world’s e-commerce and telecom business against titans such as Google and Amazon, backed by its $100-billion Vision Fund. 

From e-commerce, ride-hailing, telecom, artificial intelligence, media, to solar power and even football, SoftBank is either making fresh investments or consolidating the investments it has already made in these areas. Recently, the group orchestrated the much-talked-about merger of ride-hailing biggie Grab with US cab aggregating giant Uber. After the takeover, the Silicon Valley-based company had to get out of Southeast Asia with a minority