SoftBank Vision Fund planning writedown of at least $5b

SoftBank Vision Fund planning writedown of at least $5b

Photographer: Akio Kon/Bloomberg

SoftBank is planning to take a writedown of at least $5 billion to reflect a plunge in the value of some of its biggest holdings, including WeWork and Uber Technologies Inc., according to people with knowledge of the matter.

Bring stories like this into your inbox every day.

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