The co-working company widens its already gigantic funding lead in the domestic and foreign market. Co-working giant WeWork just closed a $500 million round to expand its China business, valuing the subsidiary at $5 billion, according to sources familiar with the transaction. The Series B round was led by Trustbridge Partners. Temasek, SoftBank and its Vision Fund and Hony Capital also contributed to the round. WeWork China is one of three of the company’s subsidiaries in Asia. WeWork has been growing its China presence in the past few years, acquiring Chinese competitor NakedHub for $400 million in April.