SoftBank’s $3bn WeWork financing talks stall with Japan banks
SoftBank Group Corp’s talks to secure $3 billion from Japan’s three biggest banks have stalled as the lenders have hit internal lending limits to the firm. Read more…
SoftBank Group Corp’s talks to secure $3 billion from Japan’s three biggest banks have stalled as the lenders have hit internal lending limits to the firm. Read more…
WeWork co-founder Adam Neumann will resign after SoftBank and other shareholders turned on him over a plunge in the company’s estimated valuation. Read more…
WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion. Read more…
Reuters) – WeWork Cos said on Thursday it received an additional $3 billion investment from Japan’s SoftBank Group and its Vision Fund, helping the shared-office startup ramp up its expansion globally. SoftBank’s investment will be Read more…
Corporate space company WeWork has followed up its $500 million expansion plan in China with another $500 million investment targeting Southeast Asia and Korea, starting with the acquisition of Singapore-based coworking company Spacemob. Spacemob founder Read more…
WeWork, SoftBank and Chinese private equity firm Hony Capital have announced a new $500 million investment dedicated solely to fueling WeWork’s growth and expanding its operations throughout China. The investment vehicle, led by Hony Capital Read more…
NEW YORK (Reuters) – Burgeoning interest and investment in flexible workspaces is pushing a small corner of the commercial real estate market into the corporate mainstream, and drawing one top executive from Asia to help Read more…
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