KUALA LUMPUR, July 27 (Bernama) -- WeWork Companies (WeWork) received US$500 million or RM 2.04 billion Series B investment in WeWork China to accelerate company growth, serving more entrepreneurs, creators and enterprises across the region. (1US$ = RM 4.07).
The investment led by Trustbridge Partners, Temasek, the SoftBank Group, the SoftBank Vision Fund and Hony Capital will help the company to fuel its mission to support creators, small businesses and large companies companies across China, a statement said.
The company has built a team in China to support its members every day, serving as a bridge for local companies who want to reach the world as well as for global companies that want to enter the Chinese market.
WeWork is a trusted local partner to creators and businesses of all sizes, providing 20,000 members across nearly 40 locations in three cities.
It has also enabled more global businesses to have a presence in China and helped Chinese businesses within the country and around the world.
WeWork created WeWork China in July 2017. More information at https://www.wework.com.
--BERNAMA
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