Sponsored Ad | Levenstein Crypto Conference - Leaderboard

SoftBank records second straight profitable quarter in Q4, Vision Fund suffers loss

SoftBank records second straight profitable quarter in Q4, Vision Fund suffers loss

FILE PHOTO: SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo

Japan’s SoftBank Group swung to a net profit in the final quarter of its financial year, it said on Monday, even as an investment loss at its Vision Fund arm underscored the challenges the technology investor faces, including realising its big AI ambitions.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter