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2023

SoftBank to book $2.7 billion gain for Alibaba share transfer

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TOKYO :Softbank Group said on Thursday it would recognise a 359.6 billion yen ($2.7 billion) gain from the transfer of a stake in Alibaba Group Holdings to a wholly-owned subsidiary called Shiodome Project 17 GK.Chinese e-commerce giant Alibaba's shares jumped on Wednesday after it said it would split into si














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