wework
SoftBank Seen Returning To Profitability Despite Significant Losses
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SoftBank Group Corp is seen booking a 75% first-quarter profit plunge on Tuesday, albeit making a return to profitabil... Read more
SoftBanks Huge Debt Pile Turns Investors Skittish About Stability Of Sons Empire
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Investors are growing increasingly skittish about the stability of Masayoshi Son’s empire. Son’s SoftBank Group Cor... Read more
Global Banking Giants Grow Wary Of China IPOs In US
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Global banking giants have grown more wary of underwriting initial public offerings by Chinese companies in the U.S., c... Read more
Bankers Adopting More Cautious Approach On Lending To SoftBank
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Masayoshi Son’s Japanese bankers are taking a hard look at their most important client. After the costly rescue of of... Read more
WeWork India Looks To Rationalize Expansion, Focus On Profitability
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WeWork India, the local affiliate of New York-based co-working startup, The We Company, is working on improving profita... Read more
Chinas Shared Workspace Provider Ucommune Files For US IPO
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China’s biggest shared workspace provider Ucommune on Wednesday filed paperwork with the U.S. securities regulator fo... Read more
Shelved 2019 US Listings Create A Crowded Field For Next Year
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More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor ... Read more
Alibaba, Aramco Share Sale Fails To Deliver Banks A Big Payday
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A late-year rush of giant global share sales led by Alibaba‘s $13 billion Hong Kong listing and Aramco’s $26 billio... Read more
Indian Tech Startups Eyeing US Listings May Face Greater Investor Scrutiny
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Technology startups from India may tap the US stock markets through initial public offerings over the next 12 to 18 mon... Read more
SoftBank Vision Fund Planning Writedown Of At Least $5b
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SoftBank is planning to take a writedown of at least $5 billion to reflect a plunge in the value of some of its biggest... Read more
WeWork To Prioritise Profit Over Growth, Staff Downsizing On Cards
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WeWork will spend the next month putting together a plan that will prioritize profit over growth, executives said in a ... Read more
SoftBanks WeWork Financing Would Lead To Co-founder Adam Neumanns Exit
Business - Published date: .
SoftBank Group Corp offered close to $10 billion to WeWork owner The We Company, its employees and its investors on Mon... Read more
WeWork Formally Withdraws IPO After Botched Fundraising Effort
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WeWork formally withdrew the prospectus for its initial public offering, capping a botched fundraising effort that cost... Read more
WeWork Fiasco Threatens Listing Plans Of Other Unicorn IPO Hopefuls
Business - Published date: .
WeWork, Peloton, Endeavor, Poshmark and more just got the message: It’s not a great time to go public. Disappointing ... Read more
Home Rental Major Airbnb Plans To Make Stock Market Debut In 2020
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Home rental giant Airbnb said it plans to list its shares in 2020, making it one of the most high-profile names to tap ... Read more
WeWork Owner To Suspend Preparations For IPO
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WeWork owner The We Company took a last-minute decision on Monday to suspend preparations for an initial public offerin... Read more
WeWorks Adam Neumann Picks Nasdaq Over NYSE For Listing
Business - Published date: .
It wasn’t until late Thursday that the call Nasdaq executives were waiting for finally came through. WeWork’s Adam ... Read more
WeWork May Look At Drastic Valuation Cut In Upcoming IPO
Business - Published date: .
WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12... Read more
WeWork Mulls Changes To Governance Standards To Allay Investor Concerns Ahead Of IPO
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WeWork is considering major changes to governance to assuage investor concerns ahead of an initial public offering this... Read more
WeWork Owner Considers Slashing IPO Valuation To Below $20b
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WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources... Read more