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SoftBank Beats All Profit Expectations

Credit: Wochit News
Published on August 7, 2019 - Duration: 00:32s

SoftBank Beats All Profit Expectations

SoftBank smashed earnings forecasts as its net profits more than tripled in the first quarter.

The Japanese tech titan's gains were linked to sales of Alibaba shares.

SoftBank is preparing to launch its $100 billion investment fund.

It is seeking to raise cash from investors including Microsoft, Apple, and Japanese financial groups.

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SoftBank Beats All Profit Expectations

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