WeWork's valuation has fallen from $47 billion last year to $2.9 billion

Business Insider

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· WeWork's valuation has fallen to $2.9 billion, according to its controlling shareholder, SoftBank. 
· The workspace company was valued privately at $47 billion last year. 
· WeWork's valuation is due in part to the coronavirus pandemic, SoftBank said in its earnings report. 
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