back to article Once Alibaba’s main investor, SoftBank sheds remaining stake

SoftBank, once Alibaba's biggest investor, has sold its stake in the Chinese tech company, it told investors on an earnings call. On Monday, CFO Yoshimitsu Goto detailed that Alibaba had accounted for 48 percent of Softbank's assets in 2020, but now, this was "almost zero." The Japanese investment holding firm initially …

  1. tony72

    Inverse Softbank

    Maybe time to pick up some Alibaba shares? I feel like "inverse SoftBank" is a sound investment strategy.

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