News Formal

SoftBank shares drop after its Vision Fund tech investment unit posts a $32 billion record loss

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

SoftBank's Vision Fund segment lost a record 4.3 trillion Japanese yen ($32 billion) for its fiscal year ending Mar. 31.

The company said on Thursday that its Vision Fund segment lost a record 4.3 trillion Japanese yen for its fiscal year ending Mar. 31.

SoftBank is also gearing up for the IPO of Arm, the British chipmaker it acquired in 2016. Arm has filed confidentially in the U.S. for a listing. SoftBank's CFO said the IPO process is "going smoothly."SoftBank's Vision Fund posted a record loss in the year ended Mar. 31, 2023. The flagship tech investment unit has been hit by the falling prices of tech stocks.fell on Friday after the company reported a record loss at its Vision Fund tech investment unit.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

SoftBank posts record $32 billion loss at its Vision Fund tech investment armSoftBank's Vision Fund segment posted a 4.3 trillion Japanese yen ($32 billion) loss for its fiscal year ending Mar. 31.
Bron: CNBC - 🏆 12. / 72 Lees verder »