SoftBank Group Corp. is invested in the SoftBank Vision Fund, which plans to invest up to $100 billion in the global businesses and technologies that the SoftBank Vision Fund believes will enable the next stage of the Information Revolution.

Oct 30, 2019 · NEW YORK & TOKYO—The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (“SoftBank”) today announced that WeWork has received $1.5 billion in funding, which was an acceleration of the existing payment obligation, approved by WeWork’s shareholders at $11.60 per share.

Nov 7, 2023 · 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...

Oct 23, 2019 · SoftBank Group Corp. (“SBG”) and The We Company (“WeWork”), a provider of co-working space service “WeWork,” announced today an agreement under which SBG commits to provide significant funding to WeWork, as per the attached.

Nov 8, 2023 · SoftBank was forced to wire $1.5bn to Goldman Sachs and other lenders days before WeWork filed for bankruptcy, as the cost of one of the worst venture capital investments in history has...

Nov 9, 2023 · SoftBank Group posted an unexpected ¥931bn ($6.2bn) net loss in its second quarter, compounding the pain for shareholders and founder Masayoshi Son after one of the group’s biggest bets, WeWork,...

Apr 1, 2020 · SoftBank Group Corp. (“SoftBank”) today announced that, in accordance with the terms of its October 2019 Master Transaction Agreement (“MTA”) with The We Company (“WeWork”), SoftBank’s tender offer for up to $3 billion worth of shares of WeWork held by other stockholders has ended because certain conditions to the tender offer ...

SoftBank Group agreed to spend more than $10 billion to take over WeWork on Tuesday, doubling down on an ill-fated investment and giving a near $1.7 billion payoff to the U.S. office-space...

Tokyo, Japan – February 27, 2021 – SoftBank Group Corp. (“SoftBank”) today announced that it has entered into a settlement agreement with the Special Committee of the Board of Directors of WeWork Inc. (formerly referred to as The We Company) (“the Special Committee”) and WeWork’s founder, Adam Neumann.

Nov 9, 2023 · SoftBank Group booked a $5.2 billion quarterly loss on Thursday, its fourth straight quarter in the red, as the Japanese giant took a hit from the bankruptcy of WeWork, once one of its...