SoftBank books another quarterly loss, as investment hits offset Arm

<p>SoftBank books another quarterly loss, as investment hits offset Arm</p><p><a href="https://piqsuite.com/reuters/softbank-books-another-quarterly-loss-as-investment-hits-offset-arm" target="_blank" rel="nofollow">FULL STORY</a></p><p>Its Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billion yen profit three months earlier. </p><p>The net loss at group level of 789 billion yen compares with a 3.01 trillion yen profit a year earlier when it sold down a large portion of its stake in Chinese e-commerce giant Alibaba.</p>

This article was written by Ryan Paisey at www.forexlive.com.