October 29, 2021
Via: Investing.comReal estate services company Cushman & Wakefield (NYSE:CWK) said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchange following a merger with a blank-check company. As […]
October 21, 2021
Via: Markets InsiderWeWork stock climbed in its first day of trading Thursday, two years after its efforts to launch an initial public offering crashed. The flexible-workspace company went public through a merger with BowX Acquisition, a special purpose acquisition company, with the […]
Financial Services, Industries
November 5, 2019
Via: FortuneGoldman Sachs Group Inc., stung by losses in Uber Technologies Inc. and WeWork, has a message for investors in growth stocks: profit matters. After years of pursuing revenue growth at all costs, driven by cheap money, markets are increasingly focusing […]
Financial Services, Industries
October 24, 2019
Via: Business InsiderSoftBank’s share price hit its lowest point since the last week of January after it announced it would be bailing out WeWork earlier this week. The firm’s stock fell nearly 3% in Tokyo trading on Thursday, as investors reacted to […]
October 8, 2019
Via: Business InsiderWeWork is seeking a $4 billion lifeline from SoftBank and JPMorgan, according to Reuters. The shared workspace group is in talks with its largest investor for a $1 billion injection, which it hopes to parlay into a $3 billion debt […]
August 26, 2019
Via: Business InsiderThis is the chart that WeWork created to convince investors that it will be profitable in the future. It shows that in the early days of a lease, expenses will outrun revenues, leaving the lease running at a loss for […]
March 28, 2024
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