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Reuters
Reuters
Business

SoftBank's Vision Fund says portfolio reached 65 companies so far

RIYADH (Reuters) - SoftBank's Vision Fund has built up a portfolio of about 65 companies so far, managing partner Saleh Romeih said on Tuesday.

The $93-billion Vision Fund has investments in companies including ride-hailing firm Uber Technologies Inc [UBER.UL] and shared-office space firm WeWork.

Romeih reiterated at an investment conference in Riyadh that the Vision Fund was planning to open an office in Saudi Arabia.

SoftBank Group Corp <9984.T> Chief Executive Masayoshi Son has cancelled a speaking engagement at the Future Investment Initiative conference in Saudi Arabia, a source close to the matter told Reuters.

(Reporting by Katie Paul and Marwa Rashad, writing by Davide Barbuscia, editing by Alexander Cornwell)

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