TOKYO -- SoftBank Group on Monday said it has shed almost its entire stake in Alibaba Group Holding, as it focuses on investments in artificial intelligences after posting a third straight year of losses.
Japanese conglomerate posts third year of annual losses

SoftBank Group's technology investments have performed well, thanks to a boom in tech stocks. (Photo by Mayumi Tsumita)
TOKYO -- SoftBank Group on Monday said it has shed almost its entire stake in Alibaba Group Holding, as it focuses on investments in artificial intelligences after posting a third straight year of losses.