HomeBUSINESSSoftBank vision fund drew big Persian Gulf investors. Their bets are floundering

SoftBank vision fund drew big Persian Gulf investors. Their bets are floundering

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Five years ago, Saudi Arabia and Abu Dhabi made an audacious bet on startups, plowing $60 billion into a fund run by investor SoftBank Group Corp. in a bid to diversify their economies and rush into the tech sector.




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