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

By on
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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Log In

Username / Email:
Password:
  |  Forgot your password?