Wework
Finance
After WeWork fiasco, SoftBank's China strategy under the scanner
For SoftBank Group Corp, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China...
Finance
SoftBank's Masayoshi Son sticks with gut-led investing in chat with Alibaba's Jack Ma
Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief...
Infrastructure
WeWork's ill-fated IPO shows market discipline: Oaktree's Marks
WeWork’s failure to go public and this year’s disappointing tech IPOs in the United States are a positive sign of...
Consumer
Accel leads Series B funding in furniture rental startup CasaOne
CasaOne, a Bengaluru- and San Francisco-based furniture rental startup, has raised $16 million (Rs 114.96 crore at current exchange...
Infrastructure
WeWork to lay off 2,400 employees in SoftBank revamp
WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company ......
Finance
Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall
A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......
Infrastructure
WeWork loss widens to $1.25 bn amid office space expansion
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 ......
Infrastructure
WeWork starts hunt for a new CEO
WeWork has started a search for a new chief executive following the departure of co-founder Adam Neumann, people familiar with...
Finance
Management guru Ram Charan on how founders, investors can avoid succession issues
A number of high-profile startups have seen their founders leave in recent years as investors get more active. In the ......
Finance
SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble
SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts’ estimates, hit by the ......
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