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May 9, 2011

Japan's Softbank Invests $62.5 Million in Gilt Groupe

Japanese cell phone service provider has agreed to buy a 50 percent stake in online retailer's Japanese subsidiary.

By Amanda Kaiser

financial/news

TOKYO — Japanese cell phone service provider Softbank said Monday it has invested $62.5 million in Internet retailer Gilt Groupe Inc. and has agreed to buy a 50 percent stake...

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Latest Articles from Business

Japan's Softbank Invests $62.5 Million in Gilt Groupe

Japanese cell phone service provider has agreed to buy a 50 percent stake in online retailer's Japanese subsidiary.

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