FILE PHOTO: The emblem of SoftBank Group Corp is displayed on the SoftBank World 2017 convention in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photograph
SAO PAULO (Reuters) – Japan’s Softbank Group Corp (9984.T) named entrepreneur Ralf Wenzel as chief government at its Latin American Tech Hub, with the purpose of making joint ventures amongst Softbank-backed corporations in an effort to broaden within the area.
Softbank stated in a press release the group wished to create 50 partnerships in 5 years, serving to corporations within the group’s Imaginative and prescient Fund broaden in Latin America.
Ralf Wenzel is founding father of foodpanda, a meals supply firm, and Skrill, an e-wallet firm in Europe.
Reporting by Tatiana Bautzer; Modifying by Edmund Blair