Home GRASP GRASP/Japan SoftBank raises its WeWork investment to $4.4 billion

SoftBank raises its WeWork investment to $4.4 billion

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Shared-office space company WeWork Cos. raised an additional $3 billion from Japan’s SoftBank Group Corp. as it continues its efforts to expand globally and grow its membership.
Shared-office space company WeWork Cos. raised an additional $3 billion from Japan’s SoftBank Group Corp. as it continues its efforts to expand globally and grow its membership.
The $3 billion new investment comes in the form of both new shares and through purchasing existing shares.
In connection with the investment, two SoftBank directors will join WeWork’s board.

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