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Japan's SoftBank Returns to Profit
SoftBank books $7.7 billion quarterly gain as Vision Fund finds its feet again
Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
SoftBank Back in Profit on Tech Investment Gains
SoftBank Group returned to a net profit in the second quarter, supported by gains in its technology funds business.The Japanese technology investment company said Tuesday that net profit was 1.180 trillion yen,
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments.
3d
on MSN
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.
Hosted on MSN
3d
SoftBank swings back to quarterly profit with $7.7 billion gain
The two Vision funds fully or partially exited
investments
to the tune of $1.85 billion. It made full exits from 10 ...
4d
SoftBank expected to book $1.87 bln profit on IPOs
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on ...
Your Story
3d
Cash-rich SoftBank eyes more AI bets for strategic growth
With a stabilised cash position of over 4 trillion yen, or approximately $26 billion, SoftBank is primed for further ...
3d
SoftBank posts 1st profit in 3 years in April-September on stock rally
SoftBank Group Corp. said Tuesday it posted a net profit of 1.01 trillion yen ($6.5 billion) for the six months to September, ...
cryptopolitan
3d
SoftBank revives portfolio with AI strategy
Japanese multinational investment firm SoftBank reported a revenue of ¥1.18 trillion ($7.7 billion) in the previous quarter, ...
Your Story
3d
SoftBank swings to $7.7B profit in September quarter
SoftBank's second-quarter earnings report comes a day before its portfolio company foodtech platform Swiggy lists on Indian ...
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