SoftBank Group Corp. is taking control of WeWork and providing the office-space startup with billions to keep it operating. In a press release Tuesday night, SoftBank and WeWork jointly announced ...

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of ...

Contacts. SoftBank [email protected] +81 3 6889 2300 or Ben Spicehandler / Emily Claffey / Hannah Dunning Sard Verbinnen & Co 212.687.8080 WeWork Gwen Rocco / Erin Clark [email protected] or ...

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of ...

Japanese technology company SoftBank Group lost more than $6 billion last quarter as its earnings were hammered by money-losing investments, including a bailout for office-space sharing startup ...

SoftBank Group Corp. told shareholders of WeWork that it could withdraw from an agreement to buy $3 billion of stock in the embattled co-working business, casting doubt on a deal that had been set ...

Summary. A client asked recently for my view on Japanese conglomerate SoftBank Group and its substantial investment in WeWork. By buying SoftBank's shares, we effectively hired Son - a brilliant ...

WeWork is locked in negotiations this week with its largest shareholder, Softbank Group, over a new $1 billion investment to enable the shared office space company to go through a major restructuri… ...

The group said this week that it is expecting a $6.6 billion loss for the year ending March on a portion of its investment in WeWork held outside SoftBank’s Vision Fund.

SoftBank Group is preparing to lose more than $6B from the Tokyo-based firm's investment bet on WeWork. On the portion of its WeWork investment held outside its Vision Fund, SoftBank said it ...

As they entered the offices, Chief Executive Officer Xu Li was hoping to persuade the head of SoftBank Group to invest $200 million in his… After WeWork, SoftBank’s startup bookkeeping draws ...

During the first half for SoftBank Group, net sales was steady at ¥4.65 trillion, while earnings before interest and taxes collapsed by ¥1.44 trillion to post a ¥15.6 billion loss.