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.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter