SoftBank plows more than $4 billion into commercial real estate
Commercial office space start-up WeWork announced it has $4.4 billion from SoftBank and its related Softbank Vision Fund, which includes other investors. The deal includes $1.4 billion earmarked to help WeWork expand throughout China, Japan and Southeast Asia, as well as $3 billion in growth funding into WeWork's parent company.
CNBC had previously reported that SoftBank might invest as much as $4 billion into the company. WeWork previously announced a $500 million investment from SoftBank and others to expand in China.
CNBC had previously reported that SoftBank might invest as much as $4 billion into the company. WeWork previously announced a $500 million investment from SoftBank and others to expand in China.
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