SoftBank Books $7.7 Billion Quarterly Gain as Vision Fund Finds Its Feet Again
TOKYO (Reuters) - Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
The Japanese conglomerate was part of an investment round that OpenAI unveiled last month that valued the ChatGPT maker at ...
The company also successfully launched the $100 billion SoftBank Vision Fund and while its initial investment performance was positive, the performance soured in fiscal 2019 leading to ...
SoftBank Group Corp. said Tuesday it posted a net profit of 1.01 trillion yen ($6.5 billion) for the six months to September, ...
SoftBank said the co-CEO of Vision Fund, Rajeev Misra, will soon step down from his leadership roles at the firm’s flagship technology investment vehicles, marking the departure of one of the ...
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US premium performance brand Vuori secures $825m investmentSouthern Californian premium lifestyle brand Vuori has secured a $825m investment to strengthen its presence in the ...
SoftBank reported net income of ¥1.18tn ($7.7bn) for the latest quarter, higher than expected and a sharp turnaround from a net loss of ¥931bn last year. The Vision Fund reported a gain of ¥373bn ...
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