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SoftBank Invests in U.S. Logistics Startup Flock Freight

By
Juro Osawa
· · Source: Bloomberg

SoftBank is investing in U.S. logistics startup Flock Freight in a deal that values it at $500 million, Bloomberg reported. California-based Flock Freight is raising $113.5 million in the funding round led by SoftBank’s Vision Fund 2, which is funded by the Japanese tech investor’s own money. As SoftBank’s earnings and share price have recovered, the company is stepping up its...

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