Tag Archives: wework

WeWork’s Losses Continue To Mount

WeWork disclosed this week that its losses more than doubled in 2018, totaling $1.9 billion.

March 26, 2019

Read More

In The Loop: WeWork Labs, Brexit, The Blurring Lines Of Flexible Workspaces

Brexit is prompting UK businesses to take up coworking, WeWork goes niche, and the blurring lines between work and hospitality.

March 16, 2019

Read More

In The Loop: Dallas Cowboys, WeWork, Wellness, And Suburban Coworking

WeWork goes to the Philippines, the Dallas Cowboys enter the coworking industry, and Convene focuses on wellness.

March 9, 2019

Read More

We Company Lays Off 300 Employees

The We Company has laid off 300 employees across its three divisions, including WeWork, which represents about 3% of its global workforce. However the company, which hasn’t yet turned a profit, says the move is performance-related — and that it plans to hire a further 6,000 employees in 2019.

March 4, 2019

Read More

Ucommune Seeks Nasdaq IPO At $3 Billion Valuation

Ucommune, WeWork’s largest China rival, is reportedly seeking a $3 billion valuation for a Nasdaq IPO. Ucommune currently operates locations across 37 cities and it aims to grow to over 350 cities within the next three years.

February 25, 2019

Read More

Is WeWork Overvalued? Key SoftBank Investors Think So

The two biggest outside investors from SoftBank’s Vision Fund have complained about the high prices paid for tech companies, including coworking giant WeWork.

February 19, 2019

Read More

In The Loop: OneEleven, Coworking In Tokyo, And WeWork

Toronto-based OneEleven goes to London and raises doubts, WeWork finalizes a deal, and flexible workspaces grow in Tokyo.

February 16, 2019

Read More

WeWork’s First 2019 Acquisition Raises Workplace Privacy Concerns

In its first acquisition of 2019, WeWork has taken over a data platform that tracks people’s identity and behavior. Privacy concerns have been raised over the identification of individuals, who can access the data, and how it will be used.

February 11, 2019

Read More

In The Loop: The We Company, IWG’s Spaces, And Coworking in India Powers On

This week’s industry news include stories from WeWork, Spaces, and iKeva–a rapidly growing India-based coworking operator.

January 26, 2019

Read More

In The Loop: WeWork’s Conflict Of Interest, NYC Growth, And More

Adam Neumann is leasing space to WeWork, CommonGrounds raised $100 million, and coworking in Manhattan grew by 200% last year.

January 19, 2019

Read More

Is IWG Looking To Sell Spaces?

IWG, the parent company of Regus, is evidently looking to sell or recapitalize its coworking arm Spaces in order to compete with WeWork.

January 14, 2019

Read More

In The Loop: We Company, Coworking In Malls, And Flexible Workspaces In London

WeWork is rebranding to We Company, operators in the Philippines urged to expand in malls, and increased industry competition.

January 12, 2019

Read More

We Company Looking At An IPO

If We Company, the new parent company of WeWork, issues an IPO it will have to justify its lofty $40+ billion valuation. Will it float?

January 11, 2019

Read More

SoftBank Slashes WeWork Investment From $16Bn To $2Bn

SoftBank Group, WeWork’s biggest backer, has reduced its $16 billion investment to $2 billion after SoftBank’s investors expressed concerns. The news could hinder WeWork’s ability to raise funds to power future global expansion plans.

January 8, 2019

Read More

WeWork’s Bond Debt Is Trading At Sub-Par Value, Here’s Why That Matters

WeWork’s bond trading value has dropped — possibly due to the market’s lack of long-term confidence in their success and ability to repay their debt. This latest knock could affect the company’s success rate in achieving funding, along with its ability to access certain buildings.

January 7, 2019

Read More