Tuesday, 19 Oct 2021

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.

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