👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
In 50 Words: SoftBank shares drop 9.3% following Vision Fund’s $1.7b loss
SoftBank Group’s shares plunged by up to 9.3% after the firm’s Vision Fund declared another loss due to depreciated valuations of WeWork and other portfolio firms, as well as foreign exchange losses.
As of September, the fund lost US$1.7 billion. Its cumulative losses from WeWork stood at US$14.2 billion, though this may increase following WeWork’s recent bankruptcy filing.
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.




