SoftBank Posts First Quarterly Loss In 18 Months
Japan’s SoftBank Group on Monday logged its first quarterly net loss in 18 months on the falling value of investments in its Vision Fund, including Chinese ride-hailing giant Didi Chuxing. The telecoms-firm-turned-investment giant posted a net loss of 397.9 billion yen ($3.5 billion) in July-September, its first net loss since January-March 2020. That dragged first-half …
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