Ecosystem Roundup: SoftBank posts US$5.9B loss; Tazapay bags US$16.9M Series A; VinFast lays off staff in US

SoftBank posts US$5.9B loss as Vision Fund takes hits Vision Fund 1 generated US$2.5B in losses, while Vision Fund 2 slipped by US$2.2B as SoftBank’s portfolio firms slog through the current economic downturn. Cross-border payments solutions firm Tazapay bags US$16.9M Series A The investors include Sequoia, EscapeVelocity, PayPal Alumni Fund, Foundamental, January Capital, and Saison […] The post Ecosystem Roundup: SoftBank posts US$5.9B loss; Tazapay bags US$16.9M Series A; VinFast lays off staff in US appeared first on e27.