Amazon in talks to become anchor investor in SoftBank's Arm ahead of IPO

Amazon in talks to become anchor investor in SoftBank's Arm ahead of IPO

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File Photo

Amazon.com is in talks about joining other technology companies as a cornerstone investor in SoftBank Group Corp’s Arm Ltd ahead of its initial public offering (IPO), people familiar with the matter said on Tuesday.