SoftBank has stepped up its use of WeWork services since investing in the company . The Japanese conglomerate first invested in WeWork in August 2017 , that year it paid the real estate company about $ 200,000 . In 2018 the figure rose to $ 18.8 m and to $ 28.2 m in the first six months of this year , according to We ’s tax returns . Rhone Group , which is also an investor in the company , and its partner in a real estate venture , paid WeWork $ 1.3 m for leases and other services in 2018 and $ 1.1 m in H1 2019 . The We Company has been criticised for its extensive web of deals involving related parties .
SoftBank has stepped up its use of WeWork services since investing in the company. The Japanese conglomerate first invested in WeWork in August 2017, that year it paid the real estate company about $200,000. In 2018 the figure rose to $18.8m and to $28.2m in the first six months of this year, according to We’s IPO filing. Rhone Group, which is also an investor in the company, and its partner in a real estate venture, paid WeWork $1.3m for leases and other services in 2018 and $1.1m in H1 2019. The We Company has been criticised for its extensive web of deals involving related parties.