WeWork

Tech

Softbank back in black after riding the tech boom

Several SoftBank-backed companies have also pulled off successful initial public offerings, raising the prospects for more in the future.

Startups, Entrepreneurs, Digital economy

Pay rise for Softbank Vision Fund CEO despite staggering losses

Rajeev Misra's renumeration for the past business year more than doubles despite US$13 billion worth of losses.
Singapore co-working struggles as Hong Kong's thrives amid virus outbreak

Issues that matter

Singapore co-working struggles as Hong Kong's thrives amid virus outbreak

It’s a different story in Singapore, where a government-ordered shutdown of all but essential services means most workers have to stay home, with employers facing hefty fines or even jail if they don’t enforce the measures.

Global Economy

Briefs

As Wuhan lifts its lockdown after 11 weeks, UK Prime Minister Boris Johnson remains in intensive care. Here are some key events that took place this week.

Sharing Economy

Temasek said to eye majority stake in WeWork's China business, reports say

In China, WeWork contends with several well-connected and aggressive rivals.

Global Economy

Facing up to new norms and staying the course

SINGAPORE (Dec 27): As this issue of The Edge Singapore goes to print, US President Donald Trump faces an impeachment trial by his political enemies. The internal divide in the US has never been so pronounced and politics so divisive.

Issues that matter

Start-ups sober up to funding scrutiny

WeWork’s IPO debacle emphasises that having a high-profile founder with a great idea is not enough

Startups, Entrepreneurs, Digital economy

Masayoshi Son's bankers are worried about their favourite client

(Dec 16): Masayoshi Son’s Japanese bankers are taking a hard look at their most important client.

IPO

WeWork's quarterly loss doubled to US$1.3 bil as IPO faltered

(Nov 18): WeWork reported a net loss of US$1.25 billion ($1.7 billion) in the third quarter, eclipsing its sales and more than doubling its loss from the same period last year. The quarter coincided with a spending spree in anticipation of an IPO that vee

Company in the news

SoftBank falls as Son says business as usual after record loss

SINGAPORE (Nov 11): Masayoshi Son wants investors to believe that a record loss from investments in money-losing start-ups WeWork and Uber Technologies is but a bump in the road. Some are not buying it.
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