WeWork launches dedicated China business backed by $500M from investors

 WeWork is making a big move to win the co-working market in China after it announced the creation of a standalone WeWork China business, backed by $500 million from existing backers SoftBank, Hony Capital and other undisclosed investors.
This fresh influx of capital is not tied to a recent $760 million financing round that closed earlier this month, at a reported valuation of $20 billion. Read More


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