12
Feb
Feb
SoftBank Reports $2.4 Billion Loss as Vision Fund Investments Turn Sour
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Writer / 7 months
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- 2 min read
SoftBank Group Corp. has reported a surprising net loss of 369.17 billion yen ($2.4 billion) for the third quarter of fiscal year 2024, driven by a downturn in its Vision Fund investments. The results, which fell short of analyst expectations, have raised concerns about the Japanese technology investor’s financial health and its ambitious plans in […]