SoftBank considers investment of over US$1bil in WeWork: WSJ


  • TECH
  • Wednesday, 01 Feb 2017

President of Japan's mobile carrier Soft Bank Group Masayoshi Son speaks to journalists during a press conference in Tokyo on November 7, 2016. Japanese mobile carrier SoftBank said on November 7 first-half profits soared nearly 80 percent, largely owing to one-time gains including the sale of some of its stake in Chinese e-commerce giant Alibaba. / AFP PHOTO / TORU YAMANAKA

SoftBank Group Corp is considering an investment of more than US$1bil (RM4.42bil) in office-space sharing startup WeWork, the Wall Street Journal reported, citing people familiar with the matter. 

The deal could be among the first from SoftBank's US$100bil (RM442.95bil) technology fund, the WSJ said. 

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