SoftBank trimmed its annual loss, ending a topsy-turvy fiscal year
Group posted a nearly $4 billion gain on investments for the recent quarter and said the adjusted value of its stake in Chinese e-commerce companyGains related to the valuation of SoftBank holding company
investments helped offset losses stemming from SoftBank’s startup investment funds, known as the Vision Funds, during the January-March quarter. Losses on investments at the Vision Funds totaled $2.3 billion for the quarter.
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