Japan's SoftBank reduces its investment losses with gains in Alibaba and other holdings

📆 07/08/2024 04:58 a. m.
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Japanese technology giant SoftBank Group has reported a smaller loss for the April-June quarter compared to a year earlier.

Find Insider Deals for items perfect around the house and on the goFILE - The logo of SoftBank Corp. is seen at its shop in Tokyo, on April 21, 2022. – Japanese technology investor SoftBank Group Corp. reported a smaller loss for the last quarter compared to a year earlier.

SoftBank said its investments operations improved considerably from the past year, with a nearly 560 billion yen gain.

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