SoftBank books another quarterly loss, as investment hits offset Arm ...Middle East

SoftBank books another quarterly loss, as investment hits offset ArmFULL STORYIts Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billion yen profit three months earlier. The net loss at group level of 789 billion yen compares with a 3.01 trillion yen profit a year earlier when it sold down a large portion of its stake in Chinese e-commerce giant Alibaba. This article was written by Ryan Paisey at www.forexlive.com.

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