SoftBank Vision Fund, a US$100 billion tech investment vehicle, will reportedly invest over US$100 million in a joint venture with the international arm of the Chinese Internet-based insurer ZhongAn, according to a media report citing a ZhongAn executive. SoftBank Vision Fund and ZhongAn did not immediately respond to China Money Network’s emails seeking for comments. SoftBank Vision Fund will own 51% of the joint venture and will nominate one person to the new company’s board, while ZhongAn will have a 49% …

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