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Home>Alibaba IPO gives Softbank $4.6 billion gain: report

Alibaba IPO gives Softbank $4.6 billion gain: report

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Mon, 22 Sep 2014

Softbank Corp. (JP:9984) (SFTBF) said Saturday its April-September results will include a special gain of about 500 billion yen ($4.55 billion) from receipts in Alibaba Group Holding Ltd. (BABA) , the Nikkei Asian Review reported. Softbank is the largest shareholder in Alibaba, which debuted Friday
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