SoftBank’s Vision Fund 2 Plans to Begin Investing as Soon as Next Month

SoftBank’s Vision Fund 2 plans to begin investing as soon as next month, says CEO Masayoshi Son

TOKYO—The sequel to the world’s biggest technology investment fund could start investing billions of dollars as early as next month, SoftBank Group Corp. said as it reported strong growth in its original fund.

SoftBank on Wednesday said its profit from the existing Vision Fund jumped 66% in the April-June quarter from a year earlier. Unrealized gains from Indian budget hotel booking company Oyo, San Francisco-based workplace-messaging service Slack Technologies Inc. and food-delivery service DoorDash Inc. helped to offset...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SoftBank says Vision Fund 2 could start investing soon, bags big gains on firstSoftBank Group Corp's second Vision Fund could start investing as ...
Read more »

Exclusive: OPI Founder, New Look Vision Back Bespoke Eyewear Start-upOPI’s George Schaeffer and New Look Vision Group back San Francisco’s Topology Eyewear.
Read more »

SoftBank says Vision Fund 2 could start investing soon, bags big gains on firstSoftBank Group Corp's second Vision Fund could start investing as ...
Read more »

SoftBank's massive tech fund bolsters profits thanks to bets on Slack and DoorDashSoftBank's massive tech fund bolsters profits thanks to bets on Slack and Doordash
Read more »

SoftBank smashed profit forecasts ahead of its $100 billion fund launchThe billionaire CEO of the Japanese tech giant, Masayoshi Son, plans to deploy a massive wave of capital raised from high-profile investors.
Read more »

America's School Funding Struggle: How We're Robbing Our Future By Under-Investing In Our ChildrenInvesting wisely in education is increasingly important to the survival and success of individuals, economies, and societies. By funding schools adequately and equitably, the United States can close educational achievement gaps, increase the U.S. GDP, and benefit us all.
Read more »