SoftBank reported a net loss of 970 billion yen ($7.18
billion) after a sell-down of its stake in Chinese e-commerce
giant Alibaba Group Holding Ltd helped cushion
investment loss at its Vision Fund unit.
($1 = 135.0500 yen)
(Reporting by Kiyoshi Takenaka; Editing by Jacqueline Wong and
Christopher Cushing)
(Adds details of annual loss)
TOKYO, May 12 (Reuters) - SoftBank Group Corp's shares tumbled 5% in early trade on Friday after the Japanese
technology investor reported an annual loss as the value of its
portfolio slid.
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