SoftBank posted a surprise net loss of 369.17 billion yen, while LSEG had estimated a profit of 298.53 billion yen The company's Vision Fund investments clocked a loss of 352.75 billion yen for the quarter ended Dec.

SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter, with another quarter in the red for its once-heralded Vision Fund unit. The Vision Fund unit, famed for its investment in startups including Uber and DoorDash,

TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell. The loss will further raise questions about SoftBank's plans for one of its most ambitious undertakings - a hefty investment in OpenAI.