SoftBank’s Vision Fund 2 to be frozen after first fund posts massive loss: Report

SoftBank’s Vision Fund 2 to be frozen after first fund posts massive loss: Report

REUTERS/Issei Kato

SoftBank Group Corp’s plan to launch the Vision Fund 2 has been frozen after it faced difficulties to raise capital following the WeWork fiasco, Nikkei Asian Review reported late Monday.

A representative of Softbank declined to comment to DealStreetAsia.

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