Softbank celebrates record profit with Qualcomm 5G agreement and Didi investment

Japanese tech conglomerate Softbank has announced strong full year numbers including a record 1.43 trillion yen (~$12.5 billion) profit.
The results reflect decent performances across all of Softbank’s major operations: Softbank Japan, Yahoo Japan, Sprint and ARM and come in spite of flat revenue growth. While the numbers at struggling Sprint seem to be headed in the right direction, a big reason for the exceptional profits was the sale of around $9 billion of shares in Alibaba.
One of the