WeWork

WeWork gives up Singapore locations in sign of co-working woes - THE EDGE SINGAPORE

Singapore news

WeWork gives up Singapore locations in sign of co-working woes

A WeWork spokesperson said in a statement that despite Singapore being a “priority market,” it has “made the difficult decision” not to renew leases at Manulife Tower and 83 Clemenceau Avenue.
Invest in the power of compounding - THE EDGE SINGAPORE

Global Markets

Invest in the power of compounding

Yardi Systems, founded by Anant Yardi, is described as the Microsoft of property managers

Property

Adam Neumann offers to buy back WeWork for more than US$500 Million: WSJ

It wasn’t immediately clear how Neumann would finance the acquisition
WeWork goes bankrupt, capping co-working company’s downfall - THE EDGE SINGAPORE

Company in the news

WeWork goes bankrupt, capping co-working company’s downfall

Former high-flying startup WeWork Inc. filed for bankruptcy listing nearly US$19 billion ($25.7 billion) dollars of debts.

Property

WeWork plans to file for bankruptcy, WSJ reports

The company had one of the most dramatic trajectories of the last startup boom

Property

WeWork to renegotiate nearly all leases, exit ‘unfit’ sites

WeWork warned investors last month that there was “substantial doubt” about its ability to stay in business

Tong's Portfolio

WeWork: The rise and collapse of the ‘throw enough money and it will work’ business model

WeWork eventually gained a listing on the New York Stock Exchange in October 2021, via a SPAC.

Property

WeWork plans 1-for-40 reverse stock split to save listing

WeWork’s stock has plunged 99% since the company went public in October 2021

Property

The rise, fall and the meme end of WeWork

Bankruptcy will help pave the way for drastic restructuring and allow WeWork to downsize its business
WeWork's glass walls are starting to close in - THE EDGE SINGAPORE

Property

WeWork's glass walls are starting to close in

The company desperately needs to boost revenue via winning more tenants, but the opposite is happening
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