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.


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.


China's WeWork equivalent Ucommune files for US IPO, sources say

(Oct 25): China’s biggest shared workspace provider Ucommune has filed a confidential prospectus with the US securities regulator as it seeks an initial public offering (IPO) before the end of the

Sharing Economy

Despite shelved IPO, WeWork still expanding in Singapore

SINGAPORE (Oct 10): WeWork, the provider of co-working spaces, on Thursday launched its new space at 9 Battery Road, in the heart of Singapore’s central business district (CBD).

Broker's Calls

Co-working here to stay, even if WeWork does not work out

SINGAPORE (Oct 4): Things have not been working out these past couple of weeks for co-working space operator WeWork.

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