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SoftBank warns its portfolio firms of cost cutting

 After a recent fall in profit, Masayoshi Son of SoftBank announced that the Japanese tech investor will look at dramatic cost-cutting. Photograph: Toru Hanai/Reuters Before he does that,......

SoftBank-backed Meesho lays off 150 employees from grocery vertical

 SoftBank-backed internet commerce firm Meesho has downsized its grocery vertical Meesho SuperStore (formerly Farmiso) in an attempt to drive efficiency. Photograph: Courtesy Meesho The......

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