Softbank invests 300 million U.S. dollars in shared office space platform WeWork

[Global Scientific Reporter Li Zongze] According to a report from the Wall Street Journal of the US on March 21, according to informed sources, Softbank Group Co., Ltd. has invested US$300 million in a shared office space leasing giant WeWork Co., which is One of the large-scale bets of office companies favored by young technology startups. Data map The person familiar with the matter said that the investment in this seven-year-old New York company is expected to be only a prelude, and there will be at least two large-scale capital injections in the future, totaling about $3 billion. Future investment is expected to come from Vision Fund, a $100 billion technology investment fund that Softbank is raising, and the first $300 million investment comes from Softbank itself. WeWork is one of several high-value startups recently negotiated with Softbank. Softbank is improving the details of the above funds. The fund's investors include sovereign wealth funds in Saudi Arabia and Abu Dhabi, as well as companies such as Apple and Qualcomm.