WeWork China raises $500m from Temasek, SoftBank, others

WeWork China raises $500m from Temasek, SoftBank, others

Coffee dispensers sit on a counter in a kitchen area at the Embarcadero WeWork Cos Inc. offices in San Francisco, California, U.S., on Thursday, Oct. 19, 2017. Photographer: Mike Short/Bloomberg

Co-working space operator WeWork has snagged a $500-million Series B round for its China subsidiary led by Trustbridge Partners, Temasek, SoftBank Group, SoftBank Vision Fund and Hony Capital, it said in an announcement.

WeWork China had also raised a $500-million round last year from SoftBank and Hony Capital to fuel its growth and operations in the country.

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