SoftBank builds $1.2b Amazon stake; invests in Netflix, Tesla

SoftBank builds $1.2b Amazon stake; invests in Netflix, Tesla

REUTERS/Issei Kato

SoftBank Group Corp has built a stake worth around $1.2 billion in e-commerce firm Amazon, regulatory filings showed on Monday, as the tech conglomerate expands its investing activities beyond its recent focus on unlisted startups.