SoftBank dragged into red by falling Vision Fund valuations

SoftBank dragged into red by falling Vision Fund valuations

3 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/softbank-group-results/softbank-dragged-into-red-by-falling-vision-fund-valuations-idUSKBN2HT0E0

TOKYO (Reuters) -SoftBank Group Corp reported a 397 billion yen ($3.5 billion) net loss for the July-September quarter, dragged down by a $10 billion investment loss at its Vision Fund unit as tech valuations fell.

SoftBank dragged into red by falling Vision Fund valuations

Nov 8, 2021, 7:21am UTC
https://www.reuters.com/article/softbank-group-results/softbank-dragged-into-red-by-falling-vision-fund-valuations-idUSKBN2HT0E0 >TOKYO (Reuters) -SoftBank Group Corp reported a 397 billion yen ($3.5 billion) net loss for the July-September quarter, dragged down by a $10 billion investment loss at its Vision Fund unit as tech valuations fell.