Taking a hit: Pedestrians pass by a SoftBank store in Tokyo. The world’s largest tech fund is estimated to have lost about US$18.6bil (RM81.51bil) on its public portfolio alone during the quarter ended March 31. — Bloomberg
TOKYO: Billionaire Masayoshi Son is poised to set another record – and not the good kind.
When he reports earnings for the March quarter today, SoftBank Group Corp’s Vision Fund investment unit may have lost more money in one quarter than it ever has before.
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