WeWork announces significant funding from SoftBank Group
Oct 22, 2019 · SoftBank Group Corp. is invested in the SoftBank Vision Fund, which plans to invest up to $100 billion in the global businesses and technologies that the SoftBank Vision Fund believes will enable the next stage of the Information Revolution.
WeWork announces completion of $1.5 billion funding from SoftBank Group …
NEW YORK & TOKYO—The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (“SoftBank”) today announced that WeWork has received $1.5 billion in funding, which was an acceleration of the existing payment obligation, …
SoftBank makes another bet on WeWork, hoping landlords will too
Nov 7, 2023 · WeWork's $3 billion debt for equity swap deal with its creditors marks the latest effort by top shareholder SoftBank to revive the troubled office-space provider and recoup some of the...
SoftBank's WeWork, once most valuable US startup, succumbs to ...
Nov 7, 2023 · WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more...
Significant Funding to WeWork | SoftBank Group Corp.
Oct 23, 2019 · SoftBank Group Corp. (“SBG”) and The We Company (“WeWork”), a provider of co-working space service “WeWork,” announced today an agreement under which SBG commits to provide significant funding to WeWork, as per the attached.
SoftBank's WeWork, once most valuable US startup, succumbs to …
Nov 7, 2023 · (Reuters) -WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies...
SoftBank books $5.2 bln quarterly loss as WeWork comes back …
Nov 9, 2023 · SoftBank Group booked a $5.2 billion quarterly loss on Thursday, its fourth straight quarter in the red, as the Japanese giant took a hit from the bankruptcy of WeWork, once one of its...
Softbank clinches deal to buy WeWork that bails out founder - New York Post
Oct 23, 2019 · SoftBank Group agreed to spend more than $10 billion to take over WeWork on Tuesday, doubling down on an ill-fated investment and giving a near $1.7 billion payoff to the U.S. office-space...
SoftBank posts unexpected $6.2bn loss after WeWork bankruptcy
Nov 9, 2023 · SoftBank Group posted an unexpected ¥931bn ($6.2bn) net loss in its second quarter, compounding the pain for shareholders and founder Masayoshi Son after one of the group’s biggest bets, WeWork,...
TIMELINE-How SoftBank's bets on WeWork totaled $16 bln - Yahoo Finance
Nov 7, 2023 · The spectacular implosion of WeWork, which has inspired books, podcasts and a TV show, were among the most expensive SoftBank bets that soured after the firm raised Vision Fund 1 (VF1) - a $100...