Why did China Tobacco invest in Softbank?
China Tobacco invested in Softbank because both sides took a fancy to each other's advantages and resources, and hoped to explore new business opportunities and business fields through cooperation, thus further promoting China Tobacco's globalization and technological innovation. China Tobacco International is the overseas business platform of China Tobacco Group Corporation, which is mainly responsible for the global sales, promotion and brand building of tobacco products in China. Softbank Vision Fund is a fund that invests in technological innovation and is committed to supporting and promoting subversive technological innovation and business model innovation on a global scale. The cooperation between China Tobacco International and Softbank Vision Fund aims to exploit the advantages and resources of both sides, develop new business opportunities and business fields, and further promote the globalization and technological innovation of China Tobacco.