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Announced

SoftBank Vision Fund 2 to invest $130m in CCC-backed eobuwie.

Synopsis

SoftBank Vision Fund 2 is set to invest $130m in CCC-backed eobuwie, an online footwear platform. SoftBank will invest in the company by taking up convertible bonds. They will be converted into shares at the moment or before the company's stock exchange debut. "The long-term goal of eobuwie is to strengthen the position of the European leader e-commerce in the footwear and clothing segment. The partnership with SoftBank will support the company's plans regarding further expansion in new markets, launching modern logistics centers outside Poland and developing new services, such as marketplace. The investment in eobuwie confirms its strong position on the e-commerce market and the potential for future growth," CCC.

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