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Tuesday, August 7, 2018

SoftBank's earnings surge 50 times, CEO Son looks to 'grow for 300 years'

The SoftBank Vision Fund rose in value by 244.9 billion yen, driven by higher valuations for its holdings in Indian online retailer Flipkart and American shared office provider WeWork. The value of the fund's stake in Flipkart increased 164.3 billion yen after Walmart agreed in May to buy it.

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