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

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 ...

Japanese technology company SoftBank Group lost more than $6 billion last ... including a bailout for office-space sharing startup WeWork. SoftBank founder Masayoshi Son expressed regret for ...

WeWork has made tremendous operational progress ... the loss will not be recorded due to the end of the tender offer. The SoftBank Group invests in breakthrough technology to improve people ...

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 ...

SoftBank Group would buy out all Neumann’s existing investors for about $10 billion and put another $10 billion into WeWork, giving SoftBank ownership of most of the company. Neumann would ...

Among the biggest were multi-billion-dollar fundings of WeWork and Didi Chuxing, the Chinese ride-hailing giant modeled after Uber Technologies Inc. In December, a SoftBank-led group invested $9 ...

NEW YORK & TOKYO--(BUSINESS WIRE)--The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (or “SoftBank”) today announced an agreement under which SoftBank commits to ...

It looks like SoftBank Group will soon take ownership of its pet investment after watching its massive valuation shrink dramatically. To date, SoftBank has invested upward of $10B into WeWork ...

SoftBank Group Corp. is in discussions to provide WeWork with roughly $5 billion in rescue financing in an effort to salvage one of the Japanese conglomerate’s biggest investments. The funds ...

SoftBank Group has taken control of WeWork. According to The Wall Street Journal, the Tokyo conglomerate — WeWork's biggest investor — is spending billions on the deal. SoftBank, under the ...

As a result of this investment, SoftBank Group’s Ronald Fisher and Mark Schwartz are joining the company’s board of directors. WeWork just announced that it’s receiving a $4.4 billion ...