SoftBank has stepped up its use of WeWork services since investing in the company. In the first six months of this year, SoftBank paid WeWork $28.2 million for leases and other services, according to WeWork's IPO filing. The company is now offering a suite of services, including an online platform for renting out rooms and apartments to travelers who are looking for short-term accommodation. 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.
SoftBank has stepped up its use of WeWork services since investing in the company. The company is now offering a suite of services, including an online platform for renting out rooms and apartments to travelers who are looking for short-term accommodation. 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.