SoftBank plans $5b financing lifeline for WeWork

SoftBank plans $5b financing lifeline for WeWork

Masayoshi Son. Photographer: Kiyoshi Ota/Bloomberg

SoftBank Group has decided to provide around $5 billion in financing to the parent of office-sharing unicorn WeWork as the loss-making company scrambles for cash, Nikkei learned Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter