Japan’s SoftBank Group Corp is leading a 190 million reais ($46.65 million) third financing round for Brazilian marketplace integrator Olist, according to a joint statement on Wednesday. Olist Chief Executive and founder Tiago Dalvi said the company plans to use part of the proceeds to expand the number of sellers it serves to 100,000 in two years from the current 7,000. The deal is the latest in a series by SoftBank, which is investing the proceeds of its $5 billion Latin America fund, launched in March. …read more
Source:: Yahoo Finance
