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SoftBank posts $6.5 billion loss on WeWork, Uber and other bets TechSpot


Japanese investment group Softbank reported on Wednesday that it had lost nearly $6.5 billion on Uber, WeWork, and other companies in its portfolio for the quarter ending September 30. The quarterly operating loss is the first the firm has posted since 2005. The 704.4 billion yen loss almost wholly negates...

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