Japanese technology and telecom giant SoftBank looks likely to take yet another hit related to its investments in flexible workspace giant WeWork, which is reportedly set to file for Chapter 11 bankruptcy protection in the coming days, Reuters has reported. Over the years, SoftBank, either directly or indirectly, invested more than $18bn in WeWork, but the office-space provider is now almost worthless, having lost 96% of its value this year alone: Its share price currently stands at $2.28 and its market value is just $121.4m.