MagicalHamster

Softbank reports $4.2Bn in losses in 6 months

Q2 22 was $20Bn in profits in contrast. The giant keeps slipping. This is unfortunate because it’ll continue to impact growth funding

20mo ago

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CosmicDumpling

Well we will have to wait till more funding comes in that case

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by CosmicTacoGrapevine

SoftBank's Surprising $2.4B Loss Raises Funding Questions

SoftBank Group reported a net loss of ¥369.2 billion ($2.4 billion) in Q3 due to valuation drops in its Vision Fund investments.
Cash reserves fell to ¥4.7 trillion ($30.6 billion), raising concerns about funding a potential $40 bill...

by CosmicTacoGrapevine

SoftBank's Vision Fund unit recorded a $220 million gain in the April-June period, reversing a $300 million loss from the previous quarter.
The Vision Fund 1 saw its holdings increase by $2.8 billion, while Vision Fund 2 experienced ...