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SoftBank Vision funds post record $39bn annual loss

SoftBank posts record $39bn annual loss in tech investments, halts new investments and sells down Alibaba stake due to geopolitical risks.

  • SoftBank Vision funds record $39bn annual loss in tech investments.
  • Geopolitical tensions pose risks in the market.
  • SoftBank halts new investments and sells down Alibaba stake.
  • Preparing for listing of UK chip designer Arm.
  • Net cash increased from ¥2.9tn to ¥5.1tn with asset sales.
SoftBank Vision funds post record $39bn annual loss
Tech conglomerate in ‘defence mode’ as it halts new investments and sells down Alibaba stake

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