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WeWork launches dedicated China business backed by $500M from investors

WeWork launches dedicated China business backed by 0M from investors



 WeWork is making a big move to win the co-working market in China after it announced the creation of a standalone WeWork China business, backed by $500 million from existing backers SoftBank and Hony Capital. It isn’t clear whether this fresh influx of capital is tied to a recent $760 million financing round that closed earlier this month, at a reported valuation of $20 billion.… Read More



Source: techCrunch

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