Monday 27 January 2020

SoftBank-backed Gympass signs big WeWork office deal

WeWork has landed a three-year deal to provide space for 250 employees of Gympass, the gym membership app company that also counts SoftBank as an investor. The deal is the latest example of WeWork’s majority owner SoftBank using its connections to help buoy business for the company, according to Reuters. Roughly 25,000 employees at companies backed by SoftBank use WeWork office space. SoftBank rescued WeWork from bankruptcy last year by taking a majority interest in



source https://therealdeal.com/2020/01/27/softbank-backed-gympass-signs-big-wework-office-deal/

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