WeWork is changing its name to 'The We Company' as SoftBank invests $2 billion

📆 9/01/2019 2:59 AM
📰 BusinessInsider

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WeWork's rebrand is part of the company's goals to push beyond providing desk space, and to expand into creating residential and educational units.

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SoftBank scraps $16 billion WeWork investment in favor of smaller dealSoftBank Group Corp. has scrapped a planned $16 billion investment in shared-office space provider WeWork Cos., opting instead for a smaller deal of about $2 billion amid market turbulence and opposition from investment partners, according to people familiar with the matter.
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