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Michael Jiang WeWork China

WeWork Sells Control of China Business to Trustbridge for $200M

2020/09/25 by Elizabeth Kerr Leave a Comment

Beleaguered co-working operator WeWork raised some much needed cash on Thursday when it announced that it had sold a $200 million stake in its China division to a consortium led by Shanghai’s Trustbridge Partners.

Trustbridge is taking the lead among… Read More>>

Christian-Lee WeWork

Temasek Said in Talks to Buy Majority Stake in WeWork China at $1B Valuation

2020/01/17 by Michael Cole 1 Comment

Singapore’s Temasek Holdings, together with Shanghai-based investment manager Trustbridge Partners, has offered to buy up a majority stake in the China operations of troubled flexible office operator Wework, according to a report by Reuters today.

The Singapore government fund and… Read More>>

Adam Neumann WeWork

Softbank, Hony, Trustbridge Lead $500M in New Funding for WeWork China

2018/07/29 by Rafiaa Rumjahn Leave a Comment

WeWork has secured another $500 million in funding for its China expansion as the global co-working giant and its partners Hony Capital and Softbank prepare to battle for domination of the mainland shared office market.

“This investment will help WeWork… Read More>>

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