TOKYO -- SoftBank Group on Friday said it has lost all the cumulative investment gains it had made through its Vision Fund business as global rate rises and a weakening economic outlook hammered the valuations of portfolio companies.
Business trends
SoftBank Group loses all Vision Fund gains in tech downturn
Masayoshi Son says in 'last' briefing he will focus on growing chip company Arm
SoftBank Group reported its first quarterly net profit since 2021 on Nov. 11. (Photo by Mayumi Tsumita)
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