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WeWork goes bankrupt, capping co-working company’s downfall
Former high-flying startup WeWork Inc. filed for bankruptcy listing nearly US$19 billion ($25.7 billion) dollars of debts.
November 07, 2023
Property
WeWork plans to file for bankruptcy, WSJ reports
The company had one of the most dramatic trajectories of the last startup boom
November 01, 2023
Property
WeWork to renegotiate nearly all leases, exit ‘unfit’ sites
WeWork warned investors last month that there was “substantial doubt” about its ability to stay in business
September 06, 2023
Tong's Portfolio
WeWork: The rise and collapse of the ‘throw enough money and it will work’ business model
WeWork eventually gained a listing on the New York Stock Exchange in October 2021, via a SPAC.
August 30, 2023
Property
WeWork plans 1-for-40 reverse stock split to save listing
WeWork’s stock has plunged 99% since the company went public in October 2021
August 20, 2023
Property
The rise, fall and the meme end of WeWork
Bankruptcy will help pave the way for drastic restructuring and allow WeWork to downsize its business
August 17, 2023
Property
WeWork's glass walls are starting to close in
The company desperately needs to boost revenue via winning more tenants, but the opposite is happening
August 13, 2023
Property
Briefs: CDL impacted by higher interest costs; WeWork's impact on REITs
CDL's earnings hurt by higher interest costs, concerns over WeWork's presence in the CBD
August 10, 2023
Property
CICT and CDL remain unaffected by WeWork's bankruptcy warning (update)
The co-working company is a tenant at some of CICT, Suntec REIT, MPACT and CDL’s properties.
August 10, 2023
Property
WeWork tumbles after raising 'substantial doubt' about future
Just a few years ago, WeWork was one of America’s most valuable startups.
August 09, 2023