PYMNTS-MonitorEdge-May-2024

WeWork

WeWork is an American commercial real estate company that provides shared workspaces for technology startups, and services for other enterprises. Founded in 2010, it is headquartered in New York City.

WeWork is revolutionizing the way people and companies work. Get flexible workspaces, agile services, and leading technologies to move your business forward.

We believe in empowering our team to create their own life's work. We move fast and we challenge each other, but we look after each other and care about our culture, which makes working here extremely rewarding. There's a lot of work left for us to do, and we couldn't do it without a single member of our team.

Source: wework.com

SoftBank CEO Not Satisfied With Firm’s Growth
SoftBank CEO Not Satisfied With Firm’s Growth
October 08, 2019  |  Investments

So far, the CEO of SoftBank Group Corp. isn’t impressed with his accomplishments at his company. “The results still have a long way to go, and...

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WeWork’s Fizzle Bodes Ill For IPOs
WeWork’s Fizzle Bodes Ill For IPOs
October 04, 2019  |  Sizzle/Fizzle

From the ashes of WeWork’s failed IPO … more ashes? Perhaps so, at least for the traditional IPO model. Other money-losing firms are seeing their...

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SoftBank Struggles To Raise Vision Funds
SoftBank Struggles To Raise Vision Funds
October 04, 2019  |  Investments

Following WeWork’s botched initial public offering, Japan’s SoftBank is seeking money for another big tech investment despite the falling valuations of its other big holdings,...

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WeWork Officially Shelves IPO
WeWork Officially Shelves IPO
September 30, 2019  |  IPO

WeWork’s initial public offering (IPO) is suspended and the company is pulling out of its S-1 filing, CNBC reported on Monday (Sept. 30). The office-sharing...

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Beyond WeWork’s Flameout, Real Estate’s Platform Model Rework
Beyond WeWork’s Flameout, Real Estate’s Platform Model Rework
September 30, 2019  |  Real Estate

WeWork’s IPO flameout begs the question of whether it was, and is, an old economy company after all. For firms worthy of the "disruptor" moniker, tech...

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Big Fraud, Big FinTech and Big Uber Top Week’s News
Big Fraud, Big FinTech and Big Uber Top Week’s News
September 27, 2019  |  News

There is never a dull moment in the world of payments and commerce, and no matter how hard you work to keep up, it can...

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Nike Ups Its (Sizzling) Digital Sales Game
Nike Ups Its (Sizzling) Digital Sales Game
September 27, 2019  |  Sizzle/Fizzle

In the direct-to-consumer sales race, in the sprint to get shoes on feet and apparel off the racks, Nike has evidently brought its A Game...

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WeWork Aims To Sell Acquired Businesses And Private Plane
WeWork Aims To Sell Acquired Businesses And Private Plane
September 27, 2019  |  Personnel

As WeWork looks to reduce its costs and refocus, the co-working company’s two new co-CEOs reportedly committed in a message to workers to “strengthen our core business”...

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Top News In Payments: House Passes SAFE Banking Act, SoftBank Mulls $1B WeWork Investment
Top News In Payments: House Passes SAFE Banking Act, SoftBank Mulls $1B WeWork Investment
September 26, 2019  |  News

Today in the payments news roundup, the U.S. House of Representatives passed the Secure And Fair Enforcement (SAFE) Banking Act that provides cannabis businesses with...

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