Daily Traders Edge

WeWork launches China unit with $500 million funding from Hony, SoftBank

July 27
05:55 2017

HONG KONG (Reuters) – Co-working space startup WeWork has set up a Chinese unit, with the help of a $500 million investment from China’s Hony Capital and Japan’s SoftBank Group Corp, to tap into a booming demand for shared office space in the world’s No.2 economy.

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