Japan's SoftBank returns to profit after gains at Vision Fund and other investments
- SoftBank Group Corp. Reported a fiscal second quarter profit of nearly 1.18 trillion yen, compared to a loss of 931 billion yen in the same period last year.
- The Vision Fund investments contributed to a gain of 373.1 billion yen, impacting SoftBank's profitability positively.
- Tokyo-Listed shares of SoftBank rose roughly 50% this year, boosted by valuation gains from investments like Coupang, Didi Global, and Bytedance.
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Total News Sources0
Leaning Left8Leaning Right6Center18Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 25%
C 56%
R 19%
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