Data Gold 12 November, SoftBank Group Japan reported that the successful listing in India and the push of technology valuation Rebound has improved quarterly profits. The company announced net income of 1.18 trillion yen (about 77 billion US dollars) in the September quarter report. This marks a turnaround from a net loss of 930 billion yen last year. Analysts had predicted average net income for the period to be about 295 billion yen. Vision Fund recorded a profit of 373 billion yen, thanks to the strong IPO of Indian startups and the valuation pump of Coupang and Didi Global.
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Softbank memanfaatkan pasar IPO India yang panas untuk membalikkan kerugian menjadi keuntungan
Data Gold 12 November, SoftBank Group Japan reported that the successful listing in India and the push of technology valuation Rebound has improved quarterly profits. The company announced net income of 1.18 trillion yen (about 77 billion US dollars) in the September quarter report. This marks a turnaround from a net loss of 930 billion yen last year. Analysts had predicted average net income for the period to be about 295 billion yen. Vision Fund recorded a profit of 373 billion yen, thanks to the strong IPO of Indian startups and the valuation pump of Coupang and Didi Global.