Japan's SoftBank Group on Tuesday announced a colossal net loss of 783 billion yen (5.5 billion euros) in its third quarter of 2022/23, against the backdrop of the continuing slump in the global tech sector in which it has invested heavily. .
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Its Vision Fund 1 and 2 investment funds alone suffered a loss of 660 billion yen in the October-December period, according to a statement.
This is a fourth quarter in a row in the red for this segment.