SoftBank Group shares slide 3% after Didi, Arm, Grab setback

SoftBank Group shares slide 3% after Didi, Arm, Grab setback

FILE PHOTO: Japan's SoftBank Group Corp Chief Executive Masayoshi Son bows his head after his presentation at a news conference in Tokyo, Japan, Nov. 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo

Shares in Japanese conglomerate SoftBank Group Corp dropped over 3% on Friday after the giant tech investor was hit with three disappointments within 24 hours, including a poor Nasdaq debut for ride-hailing firm Grab.

SoftBank, either in its own right or through its Vision Fund, has made a string of massive investments around the world, often in large technology companies.

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