WeWork is doing increasing amounts of business with SoftBank, which is also its biggest investor

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

SoftBank has invested nearly $11 billion in WeWork. Since its took its first stake, it's also become a notable and growing customer of WeWork.

SoftBank, which is WeWork's biggest backer, has also become an increasingly important customer of the commercial real-estate company.

The company also counts Rhône Group, another one of its investors, as a customer. But Rhône accounted for a much smaller portion of WeWork's revenue. WeWork's Powered by We service involves building out and managing office space that other companies own or have leased.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

royboydc

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

'Stop the WeWork deal' — Cramer says the embattled IPO could wreck the stock market rallyWeWork should pull its IPO because the negative sentiment around slashing its valuation could be contagious in the overall stock market, says CNBC's Jim Cramer. “My Precious................Rally” OpenOutcrier
La source: CNBC - 🏆 12. / 72 Lire la suite »