Monday, February 27, 2017

Softbank reported to be investing billions in work-space sharing start-up.

ARM’s owner Softbank is reported by CNBC to be spending up to $4 billion on a US workspace-sharing start-up called WeWork. The deal is said to be that Softbank will invest an initial $2 billion and may subsequently invest another $2 billion. WeWork is backed by Chinese investor groups Hony Capital, backed b Legend Holdings, and ...

Read full article: Softbank reported to be investing billions in work-space sharing start-up.

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