Article 62CRK SoftBank offloads part of Alibaba stake to raise much-needed cash

SoftBank offloads part of Alibaba stake to raise much-needed cash

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from The Register on (#62CRK)
Story ImageInvested $20 million in 2000 and will pocket $34 billion and keep a slice worth more than that - for now

Japan's SoftBank Group will offload almost half its holdings in Chinese e-commerce giant Alibaba, netting over $20 billion to help it record a profit but casting doubts over Alibaba's prospects....

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