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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.

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.

Shares breached the 3,000-yen mark for the first time since August 2016.

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