WeWork is the second start-up company in the United States after Uber



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The Japanese SoftBank Technology Announced a Capital Increase Increasing the Value of

Japanese Technology SoftBank Will Invest US $ 3 Billion in the US Office Leasing Company ] WeWork an operation involving evaluation of the coworking firm up to US $ 45,000 million.

Thus the company co-founded and directed by Adam Neuman is the second largest start-up in the United States – and one of the largest in the world -, behind Uber and above Airbnb.

SoftBank, which was already the largest shareholder of WeWork, through its Vision fund, will execute the warrant (purchase rights) of a seed capital of 3,000 million. US dollars, in two phases, in January and April 2019, according to Reuters.

SoftBank occurs weeks after The Wall Street Journal announced that the Japanese company had negotiated to invest between 15,000 and 20,000 million US dollars in WeWork.

The newspaper said Monday that these talks were continuing, so that e did not rule out the injection of new funds. in the short term . The Japanese technology company, which yesterday announced the IPO of its Japanese mobile phone subsidiary with which it hopes to enter more than 20,000 million US dollars, has invested 4,400 million US dollars in WeWork l & # 39, last year.

This contribution was paid via Vision Fund, a fund financed by Saudi Arabia, sold 20% of the capital of WeWork and was the main shareholder.

WeWork, created in 2010 and in need of funds to finance its international expansion, announced yesterday which quadrupled the adjusted losses of the first nine months of 2018, up to 415 million USD. The office group doubled its revenues, reaching 1.2 billion.

                                    
                                
                                

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