Wag has agreed to buy back almost 50% of its shares from SoftBank, who invested $300m last year but which is selling at a loss.

Telecommunications and internet group SoftBank’s Vision Fund has agreed to sell a stake in US-based petsitting service Wag back to the company, the Financial Times reported yesterday. Wag operates a mobile app-based platform that offers on-demand dog walking and petsitting that can span 20-minute drop-ins to longer-term care across multiple days or nights at either…

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