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WeWork is weighing an IPO through SPAC, sources say

“WeWork is in talks to combine with a special purpose acquisition company (SPAC), a deal that would usher the office-leasing company into the public markets more than a year after its high-profile failure to stage a traditional initial public offering,” reported The Wall Street Journal, citing p

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WeWork is demanding overdue rent from hundreds of members. Here’s the latest on the coworking giant’s turnaround efforts.

WeWork pulled its IPO in 2019 after mulling a massive valuation cut to drum up investor interest, and cofounder Adam Neumann was ousted as chief executive and chairman. Real-estate veteran Sandeep Mathrani started as CEO in February and has kicked off a multi-year turnaround plan. 

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WeWork sues SoftBank over cancelled $3b tender offer

The special committee of WeWork‘s board said it is suing SoftBank after the investment giant withdrew its US$3 billion tender offer for the embattled startup.

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WeWork lays off 2,400 employees

WeWork is laying off 2,400 employees as it works to cut costs and right-size the business, the company confirmed to CNBC. Leading up to the announcement, reports of forthcoming job cuts had been circulating for weeks.

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全新「按時收費」WeWork GO 2019 年第三季在港推出

Co-working space 近年大行其道,共享工作空間巨頭 WeWork 去年雖然收入倍增,但同時亦錄得虧損高達 19 億美元(約 150 億港元),不過亦無礙其業務擴張大計,近日更宣布將於今年第三季在港推出 WeWork GO 「空間即服務」方案。

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WeWork offers charge-by-minute service in Hong Kong

WeWork will offer a charge-by-minute service to Hong Kong, tapping into its extensive network in the city.

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The We Company, formerly known as WeWork, files confidentially for IPO

Federal Reserve officials are considering a new program that would allow banks to exchange Treasurys for reserves. Uber will reportedly compare itself to Amazon during its pre-IPO roadshow to justify its losses as it expands its business.

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WeWork 進駐廣州大馬站商業中心為大灣區會員提供優惠

WeWork 在廣州大馬站商業中心的共享工作空間今天(16/4)正式啟用,也是 WeWork 在廣州市的首個據點。WeWork 在上海、北京、香港、成都、深圳、杭州、武漢及廣州已設有超過 70 個服務點,預計今年將拓展到南京、蘇州、西安、天

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