SoftBank has almost fully pulled out of Alibaba stock

SoftBank says it has almost entirely pulled out of Alibaba Group Holding Ltd (NYSE: BABA). Shares of the Chinese tech titan are still up some 4.0% on Monday.  SoftBank has been investing in Arm instead Alibaba now accounts for “almost zero” percent of the net asset value at SoftBank – down massively from 48% in […]