(Reuters) – SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.
The investment will be made from SoftBank’s Vision Fund, which has raised close to $100 billion to invest in technology companies, Recode also reported. http://bit.ly/2B19QMQ
DoorDash declined to comment on the report, while SoftBank did not respond to a request for comment.
(Reporting by Parikshit Mishra in Bengaluru; Editing by Gopakumar Warrier)
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