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Softbank posts worst losses ever as Jack Ma departs board
May 18, 2020 | By Al Jazeera English
business
$18bn operating shortfall at bank's Saudi-backed Vision Fund includes mass losses at WeWork and Uber.
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Japan's SoftBank Group Corp reported a stunning $18bn loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to a record loss and highlighting the deepening crisis with its portfolio companies from the global downturn. The news came just hours af
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