WeWork’s plan to sell stake in India unit collapses; sector revival, valuation issues hit transactionWeWork Inc.'s plan to sell its 27% stake in its Indian unit has collapsed due to a valuation mismatch. The Embassy Group was supposed to ac...
27 Sep, 2024, 06.05 PM IST
WeWork India stake sale to give Embassy Buildcon partial exitIn a two-part deal, Embassy will also spend around Rs 700 crore from the fund raise on acquiring US-based WeWork Inc.’s 27% stake in the In...
20 Jun, 2024, 03.49 PM IST
CCI approves WeWork Inc's exit from India unitCCI approves WeWork Inc's exit from WeWork India as investors acquire stake. Co-founded by Adam Neumann and Miguel McKelvey, WeWork India r...
18 Jun, 2024, 11.38 PM IST
WeWork expands India presence, adds two assets in Pune & GurugramThe HQ27 located in Gurugram’s MG Road market, offers over 96,000+ sq. ft. of sace across three with over 1,480+ desks. The property ahs a ...
23 Apr, 2024, 12.31 PM IST
WeWork to sell 27% stake in India unit via Rs 1,200 crore secondary dealEmbassy group to sell additional 13% stake in WeWork India’s latest funding round, according to people in the know of the matter.
23 Apr, 2024, 07.10 AM IST
WeWork India further solidify its presence in South IndiaWeWork India, a major player in the country's flexible workspace sector, has recently secured two office spaces totaling more than 2.7 lakh...
16 Nov, 2023, 02.19 PM IST
WeWork not keen to sell India unit stake but talks still onWeWork Inc. has refused to buy back its 27% stake in WeWork India, which is owned by the Embassy Group. The company sought insolvency prote...
14 Nov, 2023, 12.18 AM IST
WeWork India to focus on growth, expects 30% jump in Revenue for FY2024The office space provider operates across seven cities and 50 locations. It claims to have more than 70,000 members and 90,000-plus desks t...
07 Nov, 2023, 09.37 PM IST
WeWork is in talks to raise hundreds of millions in cashWeWork Inc., the long-struggling workspace rental company, is in talks to raise hundreds of millions in capital to support the business, sa...
08 Mar, 2023, 09.02 AM IST
WeWork to exit 40 US locations to cut costs, revenue outlook disappointsWeWork has been working to curb its real estate footprint and reduce headcount as it grapples with long-term lease obligations that stood a...
10 Nov, 2022, 06.54 PM IST
SoftBank-backed WeWork to begin accepting payments in cryptocurrenciesWeWork joins a clutch of high-profile firms that have dived into the digital currency space recently, including Tesla Inc, Visa Inc, Bank o...
20 Apr, 2021, 08.20 PM IST
WeWork to begin accepting payments in cryptocurrenciesWeWork is the latest in a string of popular companies to announce plans to incorporate cryptocurrencies in their businesses.
20 Apr, 2021, 05.50 PM IST
WeWork sees IPO completed by end of year as valuations plummetWeWork has become an extreme example of the excesses afforded to technology entrepreneurs in the era of unicorns, startups valued at $1 bil...
17 Sep, 2019, 09.39 AM IST
WeWork plans IPO roadshow as soon as next weekWeWork, which filed to go public last month, is targeting a share sale of about $3.5 billion, a person familiar with the matter said in Jul...
04 Sep, 2019, 09.45 AM IST
WeWork takes the startup - mania era to its logical extremeWeWork’s “superpower,” to use a term apparently favored by its CEO, is taking those hallmarks from the unicorn era to their absolute extrem...
16 Aug, 2019, 09.09 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 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