SoftBank hit by $10 billion Vision Fund loss

SoftBank hit by $10 billion Vision Fund loss

3 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/softbank-group-results/softbank-hit-by-10-billion-vision-fund-loss-idUSKBN2HT0E0

TOKYO (Reuters) -SoftBank Group Corp reported a quarterly loss on Monday, as its Vision Fund unit took a $10 billion hit from a decline in the value of its portfolio companies and as China's regulatory crackdown on tech firms weighed.