Home Business SoftBank's Son humbled after Vision Fund's $8.9 billion loss

SoftBank's Son humbled after Vision Fund's $8.9 billion loss

93
0

SoftBank reported its first quarterly loss in 14 years on Wednesday, whiplashed by an $8.9 billion (£6.9 billion) hit at its giant Vision Fund and marking a rare, humbling moment for CEO Masayoshi Son over his backing of troubled startup WeWork.

LEAVE A REPLY

Please enter your comment!
Please enter your name here