SoftBank aims to raise as much as $5 billion via bond issue: Source

Japan’s SoftBank Group is targeting raising between $3 billion and $5 billion through an offering of U.S. dollar bonds, according to a person familiar with the plans. The group has named Morgan Stanley, Bank of America Merrill Lynch and Deutsche Bank as joint...

Alibaba among investors as Chinese bike sharing startup Ofo raises $700 million in fresh funds

Chinese bike-sharing startup Ofo has set its sights on global expansion, saying on Thursday it raised over $700 million in a funding round that included Jack Ma’s Alibaba Group. The funding round was led by Alibaba, Hony Capital and CITIC Private Equity, with...