19 July 2021 – SoftBank serves Yanolja with $1.7bn

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SoftBank’s Vision Fund 2 supplied $1.7bn in funding for South Korea-based travel and accommodation services provider Yanolja, while a separate report suggest the telecoms giant was pondering a further $5bn commitment to the Latin America region. The conglomerate is also among those set to exit One97 Communications, the India-based owner of payments platform Paytm, when it lists in India. One97's other corporate shareholders are Alibaba, Ant Financial and MediaTek.