{"id":876175,"date":"2024-11-13T08:44:02","date_gmt":"2024-11-13T03:14:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=876175"},"modified":"2024-11-13T09:01:57","modified_gmt":"2024-11-13T03:31:57","slug":"softbank-posts-7-7-billion-profit-on-indias-ipo-market-boom-rebound-in-tech-valuations","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/13\/softbank-posts-7-7-billion-profit-on-indias-ipo-market-boom-rebound-in-tech-valuations\/","title":{"rendered":"SoftBank posts $7.7 billion profit on India\u2019s IPO market boom, rebound in tech valuations"},"content":{"rendered":"<p>SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio. <\/p>\n<p>The Tokyo-based company earned a net income of \u00a51.18 trillion ($7.7 billion) in the September quarter, compared with a net loss of \u00a5931 billion last year. Analysts projected on average a net income of about \u00a5295 billion for the period. The Vision Fund reported a gain of \u00a5373 billion, thanks to strong initial public offerings for Indian startups and valuation gains in Coupang Inc. and Didi Global Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio. The Tokyo-based company earned a net income of \u00a51.18 trillion ($7.7 billion) in the September quarter, compared with a net loss of \u00a5931 billion last year. Analysts projected on average a net income of about \u00a5295 billion for the period. The Vision Fund reported a gain of \u00a5373 billion, thanks to strong initial public offerings for Indian startups and valuation gains in Coupang Inc. and Didi Global Inc.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-876175","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/876175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=876175"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/876175\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=876175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=876175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=876175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}