On July 27th, it was reported that WeWork recently announced that China WeWork had received a $500 million Series B financing led by Zhixin Capital, Temasek Holdings, Softbank Group (referred to as "Softbank"), Softbank Vision Fund (referred to as "Vision Fund") and Hony Capital. This financing will further accelerate WeWork's business growth in China and provide more China members and creators with unparalleled design, technology, experience and local communities.

WeWork opened its first office in China two years ago. In the past two years, WeWork has become a creator of various industries and a trusted local partner of enterprises of all sizes, providing community, culture and services to about 20,000 members in 40 offices in three cities to help them start and expand their business and promote innovation. WeWork not only helps China enterprises to expand their overseas business, but also helps more overseas enterprises to enter the China market. 2065438+In July 2007, WeWork announced the establishment of China WeWork. The A round of financing was invested by Hony Capital and Softbank Group for 500 million US dollars, which was specially used to accelerate WeWork's business expansion in China.

"Thanks to the investment partners of Zhixin Capital, Temasek Holdings, Softbank and Hony Capital for their recognition of our concept and their strong support for our business development. This investment will help us continue to deepen the China market and provide support for China's creators, small and medium-sized enterprises and large enterprises. We have established an excellent team in China to help China enterprises go abroad and introduce overseas enterprises. We still have a long way to go and a lot to learn, but this investment further highlights the future development potential of WeWork and the creator community in China, and reaffirms our long-term commitment to the team, members and partners in China, "said Adam, co-founder and CEO of WeWork. Adam Neumann said.