SoftBank $4.4 billion investment in WeWork

Overview:

• SoftBank has invested $4.4 billion in US company WeWork.
• $3 billion will be invested directly into WeWork, via primary and secondary shares, and $1.4 billion will be invested into three subsidiaries: WeWork China, WeWork Japan and WeWork Pacific. 
• WeWork is an office-sharing company.
• The investment will allow for the group's global expansion.
• The funding comes from SoftBank's $93 billion tech-focused Vision Fund.
• It follows an earlier investment of $300 million.

Katrin Kostadinova - Data analyst