SoftBank Takes Loss of $4.7 Billion on WeWork Investment

📆 06/11/2019 05:21 a. m.
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SoftBank books loss of $4.7 billion on WeWork investment, before factoring in its bailout of the office-sharing company

TOKYO—SoftBank Group Corp. said Wednesday that it recorded a loss of about $4.7 billion on its investment in U.S. office-sharing company WeWork made through a wholly owned subsidiary.WeWork, formally called We Co.

, had been valued at $47 billion before...

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4.7bil.. Well that's a lot.

Should fire it’s ceo and entire leadership.

WeWork will be the bane and beginning of end for Masayoshi...nothing makes sense in this 'investment'...only 'fraud'.

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