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WeWork bailed out by SoftBank again SoftBank is adding $1.1 billion to its WeWork commitment as the co-working company continues to fight for its survival, according to Bloomberg.
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WeWork gets new $1.1 billion commitment from SoftBank, cuts burn rate BY HERBERT LASH. The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed its cash burn rate almost ...
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Breakingviews - Corona Capital: Citigroup, WeWork A silver lining for WeWork. RED FACES. Citigroup repaid a nearly $900 million loan made to Covid-battered cosmetics outfit Revlon on Thursday, ...
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WeWork gets new $1.1 billion commitment from SoftBank The We Company, owner of WeWork, told employees on August 14 that it cut its cash burn rate almost in half to $671 million from the end of last year ...
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WeWork gets $1.1 BN commitment by SoftBank | World News Keeping up the ho[es of survival alive the owner of WeWork has told employees yesterday that it has slashed the cash burn rate almost and a half from ...
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SoftBank commits US$1.1 billion to WeWork amid drop in membership New York. JAPAN'S SoftBank Group is adding US$1.1 billion to its WeWork commitment as the co-working company weathers declining membership ...
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How to pitch alt data WeWork sent out some financial highlights to employees from the second quarter. Since it's not a public company (here's how that went), WeWork can ...
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Has coronavirus put an end to coworking spaces for good? WeWork's downfall is unsurprising, considering the difficulties within the business prior to COVID-19. But as working from home and social distancing ...
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WeWork is looking to pull off a huge turnaround. Here's the latest on key enterprise deals at the ... WeWork pulled its IPO in 2019 after mulling a massive valuation cut to drum up investor interest, and cofounder Adam Neumann was ousted as chief ...
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BUSINESS LIVE: China reveals weak economic data; Mastercard makes agreement; Fortnite ... WeWork's parent company has raised over $1billion in financing from its majority owner Softbank and has told employees that it cut its cash burn rate ...
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