WeWork raises $500m for China unit
Trustbridge Partners, Temasek Holdings, SoftBank Group and the SoftBank Vision Fund, and Hony Capital have led a $500 million Series B round for the China branch of US-based co-working space operator WeWork.
WeWork’s new investment will support expansion in China, where it launched in 2016. The company currently has 40 locations across three cities, with 20,000 members, and plans to enter six new cities...
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