Fading Vision Fund to tip SoftBank into first loss in 15 years

April 13, 2020 admin Business News Comments Off on Fading Vision Fund to tip SoftBank into first loss in 15 years

SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen ($16.5 billion) due to the worsening performance of its tech bets, which will tip the group as a whole into its first loss for 15 years.

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Source:: Reuters – Business News