Japanese e-commerce giant Rakuten has decided not to renew its contract with WeWork when it expires next month, according to a report in the Japan Times. Rakuten had leased about 700 desks in Tokyo, but is now planning to move employees from its fintech division into its own new offices. Both WeWork and Rakuten declined to comment to TechCrunch. Tokyo is also the headquarters of WeWork’s biggest investor SoftBank, which took ownership of the coworking startup last October as part of a bailout deal after concerns about WeWork’s financial stability…
