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.
WSJ.com: Asia Home, Wall Street Journal: Home Asia
Thu, 04/26/2018 - 6:57am
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.