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WeWork
Global Economy
Briefs
As Wuhan lifts its lockdown after 11 weeks, UK Prime Minister Boris Johnson remains in intensive care. Here are some key events that took place this week.
April 09, 2020
Sharing Economy
Temasek said to eye majority stake in WeWork's China business, reports say
In China, WeWork contends with several well-connected and aggressive rivals.
January 17, 2020
Global Economy
Facing up to new norms and staying the course
SINGAPORE (Dec 27): As this issue of The Edge Singapore goes to print, US President Donald Trump faces an impeachment trial by his political enemies. The internal divide in the US has never been so pronounced and politics so divisive.
December 27, 2019
Issues that matter
Start-ups sober up to funding scrutiny
WeWork’s IPO debacle emphasises that having a high-profile founder with a great idea is not enough
December 27, 2019
Startups, Entrepreneurs, Digital economy
Masayoshi Son's bankers are worried about their favourite client
(Dec 16): Masayoshi Son’s Japanese bankers are taking a hard look at their most important client.
December 16, 2019
IPO
WeWork's quarterly loss doubled to US$1.3 bil as IPO faltered
(Nov 18): WeWork reported a net loss of US$1.25 billion ($1.7 billion) in the third quarter, eclipsing its sales and more than doubling its loss from the same period last year. The quarter coincided with a spending spree in anticipation of an IPO that vee
November 15, 2019
Company in the news
SoftBank falls as Son says business as usual after record loss
SINGAPORE (Nov 11): Masayoshi Son wants investors to believe that a record loss from investments in money-losing start-ups WeWork and Uber Technologies is but a bump in the road. Some are not buying it.
November 08, 2019
Startups, Entrepreneurs, Digital economy
SoftBank reveals US$6.5 billion loss from Uber, WeWork turmoil
(Nov 6): Masayoshi Son is finally disclosing the damage from SoftBank Group Corp’s bets on WeWork and Uber Technologies Inc.
November 06, 2019
IPO
China's WeWork equivalent Ucommune files for US IPO, sources say
(Oct 25): China’s biggest shared workspace provider Ucommune has filed a confidential prospectus with the US securities regulator as it seeks an initial public offering (IPO) before the end of the year, two people with direct knowledge of the matter sai
October 25, 2019
Sharing Economy
Despite shelved IPO, WeWork still expanding in Singapore
SINGAPORE (Oct 10): WeWork, the provider of co-working spaces, on Thursday launched its new space at 9 Battery Road, in the heart of Singapore’s central business district (CBD).
October 10, 2019