Comment on SoftBank in Talks to Buy IPO Shares of Chinese Electric-Car Maker NIO

SoftBank in Talks to Buy IPO Shares of Chinese Electric-Car Maker NIO

Japan’s SoftBank is in talks to purchase a large chunk of shares in the upcoming initial public offering of Chinese electric-vehicle maker NIO, a move that could help bolster a multibillion-dollar valuation for the startup.

 

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