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SoftBank Invests $300M In Shared Workspace Startup

by reuters.com posted 1year ago 625 views
SoftBank Group Corp has invested $300 million in shared-office space company WeWork, the first installment of a multi-billion-dollar bet, according to a source familiar with the matter. The WeWork investment is just the first tranche of a much larger funding round that is expected to total about $3 billion, according to the person familiar with the matter, who spoke on condition of anonymity.