SoftBank Group Corp. reported its largest quarterly profit in two years, achieving a net income of ¥1.18 trillion ($7.7 billion) for the September quarter, a significant turnaround from a net loss of ¥931 billion the previous year. This surge was driven by successful Indian IPOs and a gain of ¥373 billion from the Vision Fund, aided by rising valuations of companies like Didi Global Inc. and Coupang Inc.
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