SoftBank's Vision Fund reports a record $37 billion in quarterly profit

Name: SoftBank's Vision Fund reports a record $37 billion in quarterly profit
Uploaded: 2021-05-12T14:27:06.000Z
Duration: 3 min 53 s
Description: SoftBank on Wednesday reported a record 4.03 trillion yen ($36.99 billion) Vision Fund unit profit from a fourth-quarter investment gain on Coupang, putting it among the world’s biggest earning firms a year after an unprecedented loss. CNBC's David Faber reports.

SoftBank on Wednesday reported a record 4.03 trillion yen ($36.99 billion) Vision Fund unit profit from a fourth-quarter investment gain on Coupang, putting it among the world’s biggest earning firms a year after an unprecedented loss. CNBC's David Faber reports.

03:53

Wed, May 12 202110:27 AM EDT