Storm clouds gather at SoftBank Group as valuations slide

Major SoftBank assets that went public over the last year and are now trading below their listing price include ridehailing company Didi Global, e-commerce firm Coupang and used-car platform Auto1 Group.

TOKYO: Storm clouds hang over SoftBank Group Corp as it prepares to report third-quarter earnings on Tuesday, with the valuations of top portfolio companies slipping and heavyweights departing the Japanese technology conglomerate.

Major SoftBank assets that went public over the last year and are now trading below their listing price include ridehailing company Didi Global, e-commerce firm Coupang and used-car platform Auto1 Group.