SoftBank Vision Funds lose $2.3 billion in investments in Q3

Japanese investor SoftBank Group Corp’s tech-focused Vision funds reported an investment loss of $2.3 billion (352.7 billion yen) for the quarter ended December. This loss was attributed to the decline in the stock price of some of its public investments, including South Korean e-commerce firm Coupang, and also weak performance in some of its private portfolio companies.