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SoftBank's Vision Fund tumbles to US$18bn loss in 'valley of coronavirus'

By Sam Nussey

May 19 2020 1:03PM

Deepening crisis at its portfolio companies from the global downturn.

SoftBank's Vision Fund tumbles to US$18bn loss in 'valley of coronavirus'

Japan's SoftBank Group Corp reported a stunning US$18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to a record loss and highlighting the deepening crisis at its portfolio companies from the global downturn. The disastrous 1.9 trillion yen (US$18 billion) operating ...

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