Tag Archives: wework
Brexit is prompting UK businesses to take up coworking, WeWork goes niche, and the blurring lines between work and hospitality.
March 16, 2019
WeWork goes to the Philippines, the Dallas Cowboys enter the coworking industry, and Convene focuses on wellness.
March 9, 2019
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
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
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
Toronto-based OneEleven goes to London and raises doubts, WeWork finalizes a deal, and flexible workspaces grow in Tokyo.
February 16, 2019
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
This week’s industry news include stories from WeWork, Spaces, and iKeva–a rapidly growing India-based coworking operator.
January 26, 2019
Adam Neumann is leasing space to WeWork, CommonGrounds raised $100 million, and coworking in Manhattan grew by 200% last year.
January 19, 2019
WeWork is rebranding to We Company, operators in the Philippines urged to expand in malls, and increased industry competition.
January 12, 2019
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
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