U.S. office-sharing startup WeWork just has received a massive $4.4 billion investment from Japanese holding company SoftBank Group and SoftBank Vision Fund.
The companies say the funding breaks down to $3 billion invested in WeWork itself and $1.4 billion in the companies created for WeWork’s expansion in Asia namely WeWork China, WeWork Japan and WeWork Pacific. The $1.4 billion includes SoftBank’s previously announced investment in WeWork China.
The company said that the investment move will provide even more opportunities for creators as with set out to humanize the way people work and live.
On July 11, 2017, WeWork raised about $760 million in new funding.