WeWork

Startups • Entrepreneurs • Digital economy

Pay rise for Softbank Vision Fund CEO despite staggering losses

(May 29): SoftBank Vision Fund’s head, Rajeev Misra, saw his total pay for the past business year more than double to roughly US$15 million ($21.2 million), even as the fund’s underperformance push

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

(Apr 17): On a recent Friday afternoon, dozens of people sat hunched over laptops at TheDesk’s six-story co-working space near Hong Kong’s Central business district, while others chatted over snack

Global Economy

Briefs

Quoteworthy: "Let us cross this important hurdle during this ‘circuit breaker’, and then we can deal with this issue in a dedicated way.

Sharing Economy

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

(Jan 17): Temasek Holdings and Trustbridge Partners have held discussions to buy a majority stake in WeWork’s Chinese business, Reuters cited unidentified people as saying.

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.

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.

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.

Startups • Entrepreneurs • Digital economy

SoftBank reveals US$6.5 billion loss from Uber, WeWork turmoil

(Nov 6): Masayoshi Son is finally disclosing the damage from SoftBank Group Corp’s bets on WeWork and Uber Technologies Inc.

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