Softbank unveiled its plans of investing $100 billion in tech companies along with the Saudi Arabian sovereign wealth fund known as ‘The Vision Fund’, just a few months back. With regards to the same, SoftBank Group Corp is now mulling over investing a massive sum of $1 billion in a co-working space provider, WeWork. Though both the leads, SoftBank and WeWork have declined to comment on the matter, the reports were first published by WSJ citing people familiar with the investment talks.
Read more: Thetechportal.com
