SoftBank To Pick Up Majority Stake In WeWork Soon
SoftBank just announced it will own 50% of WeWork funds very soon. WeWork received a massive investment of $4.4 billion from SoftBank Group and SoftBank vision fund. It has raised 1$billion from Softbank as convertible debt, but sadly it has lost it in a blink of an eye during the first half of the year, which made SoftBank their key stakeholder.