SoftBank's Vision Funds show improvement, but $6.2 bln loss hits hard
SoftBank's Vision Funds have recorded a second quarter of gains, according to the company's finance chief, Yoshimitsu Goto. However, SoftBank's Q3 losses of $6.2bn, including further writedowns on WeWork and currency fluctuations, sent the company's shares down 9%. SoftBank's CEO, Masayoshi Son, is reportedly looking to target new investments.
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