Finance

SoftBank Vision Fund posts record $27 billion loss as tech stocks plummet

May 12, 2022 admin-dominor Alibaba Group Holding Ltd, Beijing, business news, Central banking, China, DiDi Global Inc, DoorDash Inc, Earnings, Grab Holdings Ltd, Investment strategy, MARKETS, Masayoshi Son, SoftBank Group Corp, United States

SoftBank Founder Masayoshi Son said the company would be more "conservative when it comes to the pace of new investments" as it goes into a "defense" position.

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