Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

WeWork Raises $1 Billion in Debt From SoftBank as Revenue Doubles

August 9, 2018 10:41 PM
49 0

Loss in the first half of year widens to $723 million as the company continues to expand

WeWork Cos. on Thursday disclosed it raised another $1 billion in funding from SoftBank Group Corp., as the shared-office company continues its rapid growth by doubling revenue but piling up losses, according to newly released financial information on Thursday.

Read more

Share in social networks:

Comments - 0