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WeWork Gives Away Control Of China Unit To Existing Investors In $200M Deal
Thursday, September 24, 2020 - 3:00am | 345SoftBank Group Corp (OTC: SFTBY)-owned WeWork is selling a majority of the stake in its Chinese unit to existing investors, Reuters reported early Thursday. What Happened: The investors led by venture capital firm Trustbridge Partners are making a 200 million follow-on investment in the...
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WeWork Seeking To Go Public
Monday, April 29, 2019 - 3:20pm | 236Co-working space provider WeWork has filed to go public, according to a message sent to employees on Monday. The New York Times reported that the company, which is now known as The We Company, filed confidentially in December to take the company public, citing a memo obtained by the newspaper that...