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WeWork's China unit gets $500 million funding from Temasek, Softbank, others

Updated : July 27, 2018 02:52 PM IST

It is the second $500 million investment the unit has received since it was launched a year ago in China where it is competing with local firms such as UrWork, which WeWork sued in September alleging trademark infringement.
Other investors in the latest round include private equity firm Trustbridge Partners and Chinese fund Hony Capital, WeWork said in a statement on Thursday.
WeWork's China unit gets $500 million funding from Temasek, Softbank, others

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