Tech
SoftBank, which bought a 10% stake in Twilio competitor Sinch in November 2020, sells its remaining 5% stake; Sinch's stock has fallen 93% since September 2021 (Anton Wilen/Bloomberg)
Anton Wilen / Bloomberg:
SoftBank, which bought a 10% stake in Twilio’s competitor Sinch in November 2020, sells its remaining 5% stake; Sinch shares are down 93% since September 2021Japanese investor SoftBank Group Corp sold its entire stake in Sinch AB after the share price of the Swedish cloud platform provider fell more than 90%.
