Public Investment Fund and Mubadala, which put up a total of $60bn for the first Vision Fund, are reportedly looking to downgrade their exposure to the second vehicle, as We Company postpones its IPO.
The Alibaba and Foxconn-backed facial-recognition technology developer has filed for an offering that is reportedly set to raise $500m to $1bn.
Facebook provided $25m for the social commerce marketplace as part of a Naspers-led round that has been set to value it at up to $650m.
Managing partner Dai Watanabe discusses the unit’s strategy and how it will work with entrepreneurs and DeNA’s employees.
Limited partners including Apple, Foxconn, Microsoft and Dai-ichi Life have agreed to commit to the massive-scale fund, which is in talks to secure even more capital.
Toyota will invest $600m into Didi Chuxing and form a joint venture also involving GAC Toyota Motor that will be focused on vehicle-related services for ride hailing drivers.
SoftBank is mulling the possibility of taking its $98.6bn Vision Fund public and is in talks with Oman over a commitment to a second fund.