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

August 9, 2018 10:41 PM
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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.

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