WeWork files for IPO, shows $690 million loss in first half of yearThe filing revealed that investment banks JPMorgan Chase & Co. and Goldman Sachs Group Inc. will be the lead underwriters on the offering.
15 Aug, 2019, 08.17 AM IST
WeWork is said to unveil IPO filing as soon as next weekWeWork, based in New York, has been targeting a September IPO, people familiar with the company’s plans said in July.
10 Aug, 2019, 10.22 AM IST
WeWork wanted Ashton Kutcher and Martin Scorsese for video dealsWeWork teamed up with Ashton Kutcher to pitch a television show to NBC based on the contest, known as the Creator Awards, according to two ...
08 Aug, 2019, 09.41 AM IST
JPMorgan’s WeWork IPO pursuit many years and loans in makingWeWork will need to keep tapping markets to carry out its expansion into more types of properties and businesses in coming years, creating ...
07 Aug, 2019, 09.25 AM IST
WeWork seeks $6 billion financing, contingent on IPO successThe company has been meeting with analysts this week, outlining its business and plans for expansion as it prepares for a stock-market debu...
03 Aug, 2019, 10.34 AM IST
WeWork to raise up to $4 billion in debt ahead of IPO, WSJ reportsWeWork said in April it had filed paperwork confidentially with the U.S. Securities and Exchange Commission for an IPO.
08 Jul, 2019, 09.29 AM IST
WeWork to weigh $1.9 billion deal for control of India unitWeWork, founded in 2010 and last valued at $47 billion, pioneered the concept of shared work spaces, expanding to 425 office locations in 3...
15 Jun, 2019, 10.38 AM IST
WeWork is said to be in talks for $2.75 billion credit lineIts IPO will test public investors’ appetite for another tech-infused, cash-burning business after Uber’s disappointing debut.
30 May, 2019, 09.22 AM IST
WeWork files for I.P.O., joining the ranks of Uber, Lyft, SlackWeWork filed paperwork confidentially with the U.S. Securities and Exchange Commission to hold an initial public offering.
30 Apr, 2019, 10.19 AM IST
WeWork’s revenue doubled last year. So did its lossesThe company has sometimes timed financial discussions with announcements of fundraising deals from SoftBank, including when WeWork raised a...
26 Mar, 2019, 10.25 AM IST
WeWork defends disclosures after report on CEO lease dealsNeumann is WeWork’s biggest individual shareholder and has voting control over the company he co-founded in 2010 in New York.
17 Jan, 2019, 09.52 AM IST
SoftBank plans to invest $2 billion more in WeWorkThe fresh news is that SoftBank plans to commit $2 billion more toward WeWork — scaled back from what was discussed as a $16 billion invest...
09 Jan, 2019, 12.29 PM IST
World's biggest companies plan to get down with WeWork effectThe shift presents a major challenge to the world’s biggest landlords, which have traditionally focused on securing long-term leases to max...
12 Nov, 2018, 02.21 PM IST
Credit market’s ‘eyeball valuations’ raise investors’ eyebrowsThe demand shows how willing money managers are to take risk even in what is widely seen as the late stages of an economic expansion, when ...
11 Aug, 2018, 11.54 AM IST
WeWork is raising funds at $35 billion value, SoftBank exec saysWeWork has raised billions of dollars in equity, including $4.4 billion last summer from SoftBank, which split the money between WeWork’s c...
14 Jun, 2018, 11.01 AM IST
The $18 billion rent bill: The numbers behind this co-working startup’s global empireWeWork boasted 220,000 members as of March 1, up from 7,000 four years ago. Those members have access to 251,000 desks in 234 locations spa...
25 Apr, 2018, 01.00 PM IST
WeWork is turning offices into study hallsStudents will have access to any of WeWork’s 207 locations, known for their hip decor, free Wi-Fi and on-tap kombucha.
23 Jan, 2018, 09.58 AM IST