Fading Vision Fund to tip SoftBank into first loss in 15 years

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Fading Vision Fund to tip SoftBank into first loss in 15 years

Expects to book $19.5 billion loss.

SoftBank expects its US$100 billion Vision Fund to book a loss of 1.8 trillion yen (A$26 billion) due to the worsening performance of its tech bets, which will tip the group as a whole into its first loss for 15 years. A third consecutive quarter of losses by the Saudi Arabian-backed fund will ...

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