WeWork China has raised $500m in series B funding to help it expand its co-working space offering into six Chinese cities. The company already has 20,000 members and nearly 40 locations across the country and now plans to expand into Chengdu, Hangzhou, Nanjing, Shenzhen, Suzhou and Wuhan. In a statement, co-founder of WeWork, Adam Draper, said: "We’re excited about our new partnership with WeChat, which will allow us to offer more people access to this innovative platform for their own personal
WeWork China has raised $500m in series B funding to help it expand its co-working space offering into six Chinese cities. The company already has 20,000 members and nearly 40 locations across the country and now plans to expand into Chengdu, Hangzhou, Nanjing, Shenzhen, Suzhou and Wuhan. The funding round included participation from Trustbridge Partners, Hony Capital, SoftBank, SoftBank's Vision Fund and Singapore's Temasek.