SoftBank posts loss, Vision Fund in the red for fourth straight quarter
TOKYO :SoftBank Group Corp on Tuesday booked a net loss for October-December, with its giant Vision Fund investment unit staying in the red for the fourth straight quarter as tech portfolio valuations have yet to recover from a global sell-off.
At SoftBank itself, the net loss totalled 783.42 billion yen, compared with a 29.05 billion yen profit a year earlier.
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