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Noonehasthisusername

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Noonehasthisusername

Re: None

Wednesday, 07/28/2021 9:48:16 PM

Wednesday, July 28, 2021 9:48:16 PM

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You know we are near the bottom when you see headlines like this....

CNBC-
Uber shares drop as Softbank plans to sell shares to cover Didi and other losses
PUBLISHED WED, JUL 28 20216:23 PM EDTUPDATED 2 HOURS AGO

SoftBank has lost about $4 billion on its Didi position in total, CNBC’s Deirdre Bosa reported. It’s also suffered from a decline in valuation of Alibaba, the botched Ant Group IPO, and paused plans for a ByteDance listing. In addition, Softbank’s Masayoshi Son has increasingly been playing in public markets with its SB Northstar unit.
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