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


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. 

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read