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SoftBank reports $37 billion Vision Fund profit on Coupang

SoftBank leads $680 million funding round in NFT fantasy soccer game Sorare
SoftBank leads $680 million funding round in NFT fantasy soccer game Sorare   -   Copyright  Thomson Reuters 2021
By Reuters

(Corrects to show figure is annual profit not quarterly)

TOKYO (Reuters) -SoftBank Group Corp on Wednesday reported a 4.027 trillion yen ($36.99 billion) profit at its Vision Fund unit after booking a fourth-quarter gain on investment Coupang, underscoring its recovery a year after a record loss.

($1 = 108.8600 yen)

(Reporting by Sam Nussey; Editing by Kim Coghill)