Near the top of that list is WeWork, an eight-year-old startup that provides trendy coworking spaces in 80 cities worldwide. SoftBank invested $4.4 billion in WeWork last year, despite the fact ...
WeWork's biggest backer is in the spotlight as the co-working company's bungled IPO is raising questions about SoftBank's investment strategy. Led by the billionaire Masayoshi Son, the $100 ...
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Why is tech giant SoftBank investing over $100 billion in the US?Son is philosophical about his missteps, such as SoftBank's $18.5 billion investment in co-working space provider WeWork ... SoftBank investor presentations have sometimes featured images of ...
NEW YORK & TOKYO--(BUSINESS WIRE)-- The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (“SoftBank”) today announced that WeWork has received $1.5 billion in funding ...
In 2021, SoftBank cut a deal to take WeWork public through a merger with a blank-check acquisition company at an $8 billion valuation. WeWork managed to amend 590 leases, saving about $12.7 ...
Japanese technology company SoftBank Group Corp. racked up a huge loss in the July-September quarter as its technology investments, most notably office-sharing company WeWork, went sour.
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SoftBank commits to joint venture with OpenAI, will spend $3 billion per year on OpenAI's techSoftBank has committed to spending $3 billion per year for itself and its subsidiaries to use OpenAI's tech, according to a joint announcement on Monday. The two also announced a new joint venture ...
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