Friday Flashback: How Softbank's Founder Turned $5.5 billion to $15.5 billion Within a Day
Know what happened in the APAC region over the past week
Here's a new series on the big developments that took place in the APAC region over the past one week.
- After expanding in Indonesia and the Philippines, Indian hospitality chain OYO now enters in the US. The budget hotel chain is now opening an office in Dallas and testing a property in Austin, Texas.
- Japanese messaging app LINE has invested JPY 20 billion (about $182 million) to bolster its digital payments operations in the country.
- The value of Masayoshi Son's stock in SoftBank rose by about US$4 billion on Thursday when he added about 1.65 trillion yen (S$20.4 billion) to the market value of his company.