SoftBank’s Vision Fund Sells $2 Billion of DoorDash Shares

Masayoshi Son has tapped his shareholdings in DoorDash Inc. for the third time in just six months, selling $2 billion worth of SoftBank Group Corp.’s stake in the food-delivery giant.

SoftBank’s Vision Fund on Oct. 27 unloaded 10 million shares at $202.815 apiece, according to a filing with the U.S. Securities and Exchange Commission. Son sold $1 billion worth of DoorDash stock in May and raised $2.2 billion from a sale in August.

Son, known for his reluctance to cash in on investments, has shown a new appetite for exits to finance the accelerating pace of deal-making ...