The tech investor has posted two consecutive years of loss on the slumping value of the Vision Fund portfolio and sold down its crown-jewel stake in Chinese e-commerce firm Alibaba Group Holding to bolster its balance sheet.
Japan's SoftBank Group is likely to report a return to profit when it announces first-quarter earnings on Tuesday, analysts said, as its Vision Fund investing ..
TOKYO: Japan's SoftBank Group is likely to report a return to profit when it announces first-quarter earnings on Tuesday (Aug 8), analysts said, as its Vision Fund investing arm's portfolio of technology stocks enjoyed a rebound. The tech investor has posted two consecutive years of loss on the slumping va
SoftBank: A return to profit could ease pressure on founder and CEO Masayoshi Son, who shook up the tech investing world with aggressive bets on late-stage startups but suffered a series of high-profile stumbles as investments underpeformed.