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SoftBank

SoftBank Group falls 17% after Uber plunges and WeWork worries

Market cap of Japanese giant dips below 7 trillion yen

Markets are losing confidence in Masayoshi Son's SoftBank Group, as its flagship Vision Fund continues to be hammered by shaky investments.
NANA SHIBATA and WATARU SUZUKI, Nikkei staff writer | Japan

TOKYO -- SoftBank Group shares tumbled 17% on Thursday, marking a seven-day losing streak after exposure to Uber and WeWork weighed on forecasts for the group.

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