Temasek, Trustbridge target majority stake in WeWork China at US$1b valuation

Temasek June19

BEIJING/HONG KONG: Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take majority ownership, three people familiar with the matter told Reuters.

The plan values WeWork China at around $1 billion, two of the people said.