TOKYO - SoftBank Group swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio.
The Vision Fund reported a gain of 373 billion yen, thanks to strong initial public offerings for Indian start-ups and valuation gains in Coupang and Didi Global. SoftBank is seeing a “harvest season in India,” Devi Subhakesan, an independent analyst from Investory who publishes on SmartKarma, wrote in a note prior to the earnings release. She estimates SoftBank’s stake in Swiggy to be valued at around US$803 million based on the IPO price, representing a 78 per cent rise from its investment in January 2022.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: