SoftBank may soon own up to 50 percent of WeWork, a well-funded provider of co-working spaces headquartered in New York, according to a new
report from The Wall Street Journal.
SoftBank is reportedly weighing an investment between $15 billion and $20 billion, which would come from its
$92 billion Vision Fund, a super-sized venture fund led by Japanese entrepreneur and investor Masayoshi Son.
WeWork declined to comment.
SoftBank already owns some 20 percent of WeWork. The firm invested
$4.4 billion in the company in August 2017, $1.4 billion of which was set aside to help WeWork expand in China, Japan and Southeast Asia.
SoftBank pours $4.4B into WeWork
