Chinese ride hailing company Didi Chuxing has the received most money – a whopping $10.5 billion – in funding rounds featuring Softbank, the Japanese conglomerate well-known for investing through its venture capital Vision Fund.
Co-working company WeWork and mother of ridehailing Uber have also received large amounts of money in rounds that featured Softbank, according to tracking by CB Insights. While Softbank sponsored the bulk of funds flowing towards WeWork and Uber in venture rounds included in this chart, it partnered with Alibaba, Chinese banks and the Abu Dhabi state investment fund for the earlier Didi Chuxing investments. While it was the most substantial investor in series G ($5.5bn), not all details about series H ($4bn) are known.
Softbank has been investing heavily in ride-sharing and ride-hailing around the world. On top of Uber and Didi Chuxing, it has also invested in the companys’ Singaporean and Indian counterparts Grab and Olacabs. It has been leading the largest investment rounds for Grab, while Tencent took the lead in the largest Olacabs investment round to-date.
Other companies with substantial Softbank investments are e-commerce players Coupang (South Korea) and Flipkart (India). Softbank has been the dominant investor of funding rounds included here for both.
