Tech

SoftBank reports a record Q2 Vision Fund loss of $7.3B as the value of holdings like Coupang and Didi plunged, and a $3.5B net loss overall for the company (Pavel Alpeyev/Bloomberg)




Pavel Alpeyev / Bloomberg:

SoftBank stories a document Q2 Imaginative and prescient Fund lack of $7.3B as the worth of holdings like Coupang and Didi plunged, and a $3.5B web loss total for the corporate  —  – The Imaginative and prescient Fund misplaced $7.3 billion in September quarter  — The unit booked $17.7 billion unrealized loss on public stakes





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