Sina US Stock News reported on the 7th, Beijing time. According to US media quoting sources, Zume Pizza, a Silicon Valley startup invested by SoftBank, plans to cut employees by up to 80%.
Zume Pizza, a company that uses robotic technology to produce custom-made pizzas, received a $375 million injection from SoftBank in 2018.
If this news is true, it would be the latest example of SoftBank's investment loss after WeWork and others.
Earlier on Monday, it was reported that SoftBank Vision Fund had recently abandoned investments in three startups.