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SoftBank loses nearly $6 billion in quarter as investments suffer

2 min read . Updated: 07 Feb 2023, 07:55 PM IST The Wall Street Journal

The company’s earnings have swung widely because they mostly depend on the volatile value of SoftBank’s tech-company holdings (Photo: AP) — The company’s earnings have swung widely because they mostly depend on the volatile value of SoftBank’s tech-company holdings **(Photo: AP)**

Tech investment company has shifted to defensive strategy

TOKYO : SoftBank Group Corp.’s technology investment vehicles posted a loss of nearly $6 billion in the latest quarter, leading the company to reiterate its conservative approach.

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SoftBank loses nearly $6 billion in quarter as investments suffer

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