WeWork
We are confident that you have noticed the increase in the number of shared workplaces in recent years. This setup is highly appealing to freelancers and small businesses. When WeWork first opened its doors a decade ago, it took advantage of this. It now has a total area of more than 4 million square meters! However, the company went through a difficult period in 2016 and required additional funding. When a Beijing-based corporation called Legend Holdings Corp. joined the company as a “new partner,” it invested more than $430 million in the venture. To put it another way, John Zhao of Legend Holdings Corp. went so far as to remark, “Our investment in WeWork is both strategically important and clear.”
Segway Inc
It was assumed that riding a motorcycle on two wheels was something out of a science fiction movie for many years. But things have changed dramatically in recent years. Segway Inc. has demonstrated to us that this is possible in the real world as well. 2015 saw the purchase of the transportation company by Ninebot, a Beijing-based company, for 80 million dollars. Since then, things have only gotten better for Segway, thanks to the Chinese company’s assistance in expanding the company’s presence in the worlds of technology and robotics. Announcing plans to relocate its manufacturing sector from New Hampshire to China in 2018, the corporation announced in 2018. In the end, the company retracted its statement and stated that the vast majority of production would continue in Bedford.