SoftBank books $5.2b loss in Q3—its fourth straight quarter in the red

SoftBank books $5.2b loss in Q3—its fourth straight quarter in the red

A man talks on the phone as he stand in front of an advertising poster of the SoftBank telecommunications company in Tokyo October 16, 2015. REUTERS/Thomas Peter/File Photo

SoftBank Group booked a $5.2 billion quarterly loss on Thursday, its fourth straight quarter in the red, as the Japanese tech giant wrote down the value of tech investments and took a hit from the bankruptcy of the once high-flying WeWork.

Edited by: Pramod Mathew

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