Technology

SoftBank reports a $7.3B loss for Vision Fund in Q2, down from a $16.6B loss in Q1, driven by declines in public investments, such as SenseTime and Doordash (Bloomberg)

Photo of Grace Will Grace Will November 11, 2022
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Bloomberg:

SoftBank reports a $7.3B loss for Vision Fund in Q2, down from a $16.6B loss in Q1, driven by declines in public investments, such as SenseTime and Doordash  —  SoftBank Group Corp.’s core Vision Fund arm posted a $7.2 billion quarterly loss as plunging startup valuations continue to hammer the company’s financial performance.



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