Last Updated: October 24, 2026

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  • Tag: Soft Bak sufferes loss

    SoftBank reports unexpected $6.2 bn loss after WeWork bankruptcy

    Tokyo: SoftBank Group posted an unexpected 931 billion yen ($6.2 billion) net loss in the second quarter, compounding the pain for shareholders and founder Masayoshi Son after one of the group’s biggest bets, WeWork, filed for bankruptcy earlier this week, a media report said. It was the fourth consecutive quarter in the red for the.