SoftBank’s Vision Fund has recorded its best performance since its launch in 2017 even as the group’s new trading arm racked up losses of $2.7bn from its “Nasdaq whale” trades in the final quarter of 2020.
The Japanese tech conglomerate’s two Vision Funds reported a $13bn gain in the value of their investments during the three months to December, boosted primarily by the rise in holdings of ride-hailing group Uber and DoorDash, the recently listed food delivery group.
The figures released on Monday reflected a dramatic turnround for Masayoshi Son’s group following a turbulent 12 months during which it carried out a huge restructuring of assets alongside aggressive purchases of US equity derivatives using its new cash pile.
您已阅读19%(730字),剩余81%(3213字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。
成为付费会员,阅读FT独家内容