WeWork’s Chinese subsidiary landed $500 million in a Series B funding round from SoftBank, Trustbridge Partners, Temasek and Hony Capital, the company announced Thursday. The co-working giant officially launched the subsidiary, dubbed WeWork China, last July and landed a $500 million Series A investment from SoftBank and Hony. WeWork claims to have 20,000 customers in China — a number it hopes to grow to 40,000 by the end of the year. It runs close to […]
source https://therealdeal.com/2018/07/26/wework-raises-500m-for-chinese-subsidiary/
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