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RE: LeoThread 2024-11-12 01:30

in LeoFinance3 months ago

The broader Vision Fund segment as a whole, which also factors in non-investment performance such as administrative expenses and gains and losses attributable to third-party investors, reported a gain of 373.1 billion yen. It had declared a loss of 204.3 billion yen in the company's first fiscal quarter.

The company attributed the lion's share of the increase to valuation gains recorded at the SoftBank Vision Fund 1, noting higher share prices for e-commerce firm Coupang and Chinese ride-hailing giant Didi Global, as well as the value increase of its investments in Chinese tech company Bytedance.