The Japanese conglomerate posted record annual profit in May with executives pointing to further upside from Vision Fund investments.
TOKYO: SoftBank Group Corp's Vision Fund unit on Tuesday posted a 236 billion yen ($2.14 billion) profit in the first quarter after gains from listing portfolio companies were offset by falling shares in firms like e-retailer Coupang Inc.
The Japanese conglomerate posted record annual profit in May with executives pointing to further upside from Vision Fund investments such as Chinese ride-hailing firm Didi Global Inc and "Uber for trucks" startup Full Truck Alliance Co Ltd.
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