ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

SoftBank to fund WeWork's China operation

$500m joint investment with Hony Capital in US co-working giant

 (placeholder image)
People visit the WeWork booth at the TechCrunch Disrupt conference in Manhattan on May 15.   © Reuters

NEW YORK -- SoftBank Group will jointly invest $500 million in the Chinese operation of U.S. shared office space giant WeWork with local investment company Hony Capital.

According an announcement from WeWork on Thursday, the company intends to accelerate new openings in the Chinese market, which has huge growth potential.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more