The world’s largest technology investor, SoftBank Group Corp. is all set to go on offensive after a year again. It has logged more than $6 billion profit for the July-September quarter, driven mainly due to the rising share prices and increasing valuations of some of its portfolio companies.
The strong performance of Japan’s conglomerate continues as a remarkable comeback for its best known $100 billion Vision Fund and its Chief Executive Masayoshi Son. Half a year ago, it has reported worst ever performance of $9 billion annual loss. 
The company’s net profit for the July-September quarter came ¥627.5 billion around $6.1 billion, as compared to its net loss of $6.4 billion in the year-ago quarter. On Monday, shares of the company were 5.4 per cent up as returns on investments were up. Currently, the company is sitting on a huge cash pile and ready to further invest in tech startups to get great returns on its investments.
Online real-estate brokerage firm, Beike Zhaofang is the star performer during the July-September quarter, as its share prices shot up since it went public in New York in August. SoftBank with Vision Fund2 had invested in Beike Zhaofang and has booked paper gains of ¥537 billion on its investment.