0
IT

WeWorks files for IPO

Tuesday 30 April 2019 | 09:46 CET | News
WeWork, a company providing shared workspaces for tech startups and service providers, said it has confidentially submitted an amended draft registration statement with the US Securities and Exchange Commission (SEC) for its initial public offering. The initial filing was made in December 2018. The company had a valuation of up to USD 47 billion in January after receiving a USD 6 billion investment from Softbank.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: IT
Companies: Softbank
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

WeWorks in talks to hire T-Mobile US CEO Legere - reports

Published 12 Nov 2019 13:40 CET | United States
WeWork is in talks to hire T-Mobile US CEO John Legere, the Wall Street Journal reported, citing sources familiar with the ...

WeWork gets billion dollar rescue package from SoftBank, plus a new chief executive

Published 23 Oct 2019 09:36 CET | World
SoftBank has prepared a rescue deal for WeWork, the troubled startup that canceled its IPO earlier this year due to investor ...

WeWork withdraws registration of IPO

Published 01 Oct 2019 09:57 CET | World
WeWork has withdrawn the registration of its initial public offering, originally filed to the US Securities and Exchange ...

WeWork delays IPO on investor concerns - report

Published 17 Sep 2019 10:49 CET | World
The initial public offering of WeWork will likely be postponed, the Wall Street Journal reported, with sources saying investors ...

Alibaba, WeWork, SoftBank launch platform for intl businesses entering China

Published 03 Jun 2019 09:39 CET | Asia
The 'China Gateway Program' enables companies to use Alibaba Cloud's suite of cross-border compliance, security and networking ...

WeWork ups valuation to USD 47 bln after new investment from SoftBank

Published 09 Jan 2019 11:09 CET | World
WeWork, a company providing shared workspaces for tech startups and service providers, has received a USD 6 billion investment ...