Wework

Infrastructure

28 November, 2019

WeWork's ill-fated IPO shows market discipline: Oaktree's Marks

WeWork’s failure to go public and this year’s disappointing tech IPOs in the United States are a positive sign of ......

Consumer

22 November, 2019

Accel leads Series B funding in furniture rental startup CasaOne

CasaOne, a Bengaluru- and San Francisco-based furniture rental startup, has raised $16 million (Rs 114.96 crore at current exchange rate) ......

Infrastructure

22 November, 2019

WeWork to lay off 2,400 employees in SoftBank revamp

WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......

Finance

21 November, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......

Infrastructure

14 November, 2019

WeWork loss widens to $1.25 bn amid office space expansion

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......

Infrastructure

12 November, 2019

WeWork starts hunt for a new CEO

WeWork has started a search for a new chief executive following the departure of co-founder Adam Neumann, people familiar with ......

Premium

Finance

11 November, 2019

Management guru Ram Charan on how founders, investors can avoid succession issues

A number of high-profile startups have seen their founders leave in recent years as investors get more active. In the ......

Finance

06 November, 2019

SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble

SoftBank Group Corp reported its first quarterly loss in 14 years on Wednesday, with its giant Vision Fund suffering a ......

Infrastructure

25 October, 2019

What led WeWork to accept SoftBank offer

Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation ......

Infrastructure

25 October, 2019

SoftBank to write down at least $5 bn for WeWork, Uber, other losses

SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value ......