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SoftBank’s Vision Fund Reports $2.3 Billion Loss

By
Juro Osawa
· · Source: The Information

SoftBank’s Vision Fund business recorded an investment loss of $2.3 billion in the quarter through March, as the fair value of its stakes in private startups declined despite a modest recovery among publicly listed stocks. The results show how SoftBank continued to face a challenging environment in the quarter. Over the past year, Vision Fund, the world’s largest tech investor whose vast...

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