SoftBank

WeWork Announces Completion of $1.5 Billion Funding from SoftBank Group; Board and Governance Changes Become Effective

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NEW YORK & TOKYO–(BUSINESS WIRE)–The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (“SoftBank”) today announced that WeWork has received $1.5 billion in funding, which was an acceleration of the existing payment obligation, approved by WeWork’s shareholders at $11.60 per share. In connection with the completion of the $1.5 billion funding from SoftBank, … Skaityti toliau

WeWork Closes $6 Billion Investment from SoftBank

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Announces Launch of The We Company NEW YORK–(BUSINESS WIRE)–WeWork today announced it had received a $6 billion investment from SoftBank. $5 billion is in the form of primary growth capital and the remaining $1 billion in secondary capital which will be used to fund share purchases from investors and employees. WeWork’s post-money valuation is now … Skaityti toliau

WeWork Announces $500 Million Series B Investment in WeWork China Led by Trustbridge, Temasek, SoftBank and Hony Capital

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NEW YORK & TOKYO & SHANGHAI–(BUSINESS WIRE)–WeWork Companies (“WeWork”) today announced a $500 million Series B investment in WeWork China led by Trustbridge Partners (“Trustbridge”), Temasek, the SoftBank Group (“SoftBank”), the SoftBank Vision Fund (“Vision Fund”) and Hony Capital. This funding will accelerate WeWork’s growth in China, allowing the company to serve more entrepreneurs, creators, … Skaityti toliau

WeWork Receives $4.4 Billion Investment from SoftBank Group and SoftBank Vision Fund

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Today, WeWork Companies (“WeWork”) announced an agreement for a $4.4 billion investment from the SoftBank Group (“SoftBank”) and the SoftBank Vision Fund (“Vision Fund”). This investment will accelerate WeWork’s ability to connect more people to WeWork’s global community, which currently stands at approximately 150,000 members, as well as further expand WeWork’s physical presence across the … Skaityti toliau