SoftBank is considering injecting several billion dollars into the co-working space provider, which would double its valuation to between $35bn and $40bn.
US-based working space operator WeWork is discussing a multi-billion-dollar investment with telecoms and internet conglomerate SoftBank, the Wall Street Journal reported yesterday citing people familiar with the matter.
If the deal closes, SoftBank would lead the transaction through its Vision Fund.
Founded in 2010, WeWork manages a network of 379 co-working spaces, stretching across 69 cities in 24 countries. It targets a wide range of clients, from freelancers and startups to established companies, offering hot or dedicated desks, private offices…
