WeWork
The Latest
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WeWork's Stock Surges Amid Acquisition Talks with Founder Adam Neumann
Adam Neumann, the ousted founder of WeWork, is reportedly seeking external funds to acquire the company and pull it out of bankruptcy. The potential financial backers include prominent Wall Street figures like Dan Loeb's hedge fund Third Point among others, a development that led to WeWork's stock doubling on February 6. 
Adam Neumann, the ousted founder of WeWork, is reportedly seeking external funds to acquire the company and pull it out of bankruptcy. The potential financial backers include prominent Wall Street figures like Dan Loeb's hedge fund Third Point among others, a development that led to WeWork's stock doubling on February 6. -
WeWork Hits Bankruptcy Button in Major Corporate Downfall
In a decisive turn of events that punctuates the volatile journey of WeWork, the coworking pioneer has sought bankruptcy protection, signaling the waning of what was once the United States' most highly valued startup. With a former valuation soaring at $47 billion, the SoftBank-backed entity's chapter 11 filing underscores a stark retreat from its lofty ambitions. 
In a decisive turn of events that punctuates the volatile journey of WeWork, the coworking pioneer has sought bankruptcy protection, signaling the waning of what was once the United States' most highly valued startup. With a former valuation soaring at $47 billion, the SoftBank-backed entity's chapter 11 filing underscores a stark retreat from its lofty ambitions. -
WeWork's Valuation Tumbles to $123 Million: A Blow for SoftBank's Masayoshi Son
WeWork, the co-working space giant, saw its stock price drop by 8% after the market opened today, following a decline of over 20% the previous day. Currently, the company's stock price stands at $2.34, bringing its market capitalization to a mere $123 million. 
WeWork, the co-working space giant, saw its stock price drop by 8% after the market opened today, following a decline of over 20% the previous day. Currently, the company's stock price stands at $2.34, bringing its market capitalization to a mere $123 million. -
WeWork on the Brink: Company to Renegotiate Nearly All Global Leases
The co-working giant WeWork, which received over $10 billion in investments from SoftBank and was later admitted by Masayoshi Son as a flawed investment, is now seeking to renegotiate almost all of its global leases. The company also plans to exit locations that are "unsuitable and underperforming." The co-working giant WeWork, which received over $10 billion in investments from SoftBank and was later admitted by Masayoshi Son as a flawed investment, is now seeking to renegotiate almost all of its global leases. The company also plans to exit locations that are "unsuitable and underperforming." -
WeWork's Decline Continues: 33% Stock Drop, Valuation Dips to $447 Million
Following its tumultuous journey, office space giant WeWork's fortunes continue to wane. 
Following its tumultuous journey, office space giant WeWork's fortunes continue to wane. -
WeWork Faces Doubts Over Continued Operation; Shares Plummet 30% Post-Earnings
After the closing bell on Tuesday, August 8, global co-working behemoth WeWork voiced "serious doubts" about its ability to continue operating amidst persistent losses and a stream of office space members canceling leases. The company's future, as highlighted in its financial report, largely hinges on its success in the upcoming 12 months to cut leasing costs, rein in expenses, curb capital outlays, boost revenues, and raise funds. 
After the closing bell on Tuesday, August 8, global co-working behemoth WeWork voiced "serious doubts" about its ability to continue operating amidst persistent losses and a stream of office space members canceling leases. The company's future, as highlighted in its financial report, largely hinges on its success in the upcoming 12 months to cut leasing costs, rein in expenses, curb capital outlays, boost revenues, and raise funds. -
WeWork May Take A SPAC Backdoor To List Shares
WeWork has been approached by at least two SPACs for a possible public listing. 
WeWork has been approached by at least two SPACs for a possible public listing. -
CHINA BRIEFING: Ant Group Debuts Fintech Conference; Guangzhou-Based Discount Retailer Files For U.S. IPO
An offline 13,000-square-meter area display presents Ant Group's most recent financial technology innovations. 
An offline 13,000-square-meter area display presents Ant Group's most recent financial technology innovations. -
SoftBank Posts Record $12.7 Billion Loss For 2019
The magic touch has fled SoftBank CEO Masayoshi Son, whose investment decisions led his company taking a $12.7 billion loss in 2019. 
The magic touch has fled SoftBank CEO Masayoshi Son, whose investment decisions led his company taking a $12.7 billion loss in 2019. -
Former Billionaire Adam Neumann Sues SoftBank For Terminating $3 Billion Tender Offer
Tender offer part of $9.6 billion financing bailout SoftBank negotiated in October with WeWork 
Tender offer part of $9.6 billion financing bailout SoftBank negotiated in October with WeWork
