SoftBank completed a $730m investment in THG.

SoftBank completed a $730m investment in THG, a British e-commerce company. Additionally, c. $270m was invested by other investors. SoftBank will have an option to invest a further $1.6bn into THG Ingenuity, THG's technology arm. “The trading partnership opportunity is particularly exciting, providing Ingenuity with an unparalleled global growth opportunity. Furthermore, the combination of the acceleration of growth within Ingenuity and its separation into a distinct entity will enable THG to unlock significant incremental shareholder value over time. The capital raise will provide meaningful capital to accelerate our strategic growth ambitions across our whole business," Matthew Moulding, THG Executive Chairman.