WeWork China gets $200m investment, ropes in new acting CEO

WeWork China gets $200m investment, ropes in new acting CEO

FILE PHOTO: Miguel McKelvey, WeWork co-founder and Chief Creative Officer, poses outside WeWork Hong Kong flagship location in Hong Kong, China February 23, 2017. REUTERS/Bobby Yip

Office-sharing startup WeWork‘s China unit has received an additional $200 million in funding from existing investors and has appointed shareholder Trustbridge Partners’ executive Michael Jiang as its acting chief executive officer.