Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 20 results found. Search for [ Adam Neumann ]

Results 1 to 20 of 20
Reuters
September 24, 2020
The deal effectively offloads the China unit away from the parent, which has faced fundraising issues since a failed attempt to go public in 2019


Reuters
July 13, 2020
The SoftBank-controlled company has also reduced its workforce by more than 8,000 people, renegotiated leases and sold off assets to reduce its cash burn and shed costs


Rukmini Rao
June 6, 2020
WeWork Global believes that the current funding will address the potential of India as a flexible workspace market


Reuters
May 15, 2020
The company said last quarter it had $4.4 billion in cash and cash commitments as of end of 2019. First-quarter revenue rose 45% to $1.1 billion


Reuters
May 12, 2020
This comes after lawyers for SoftBank last month wrote to WeWork's board to request that it confirm the special committee is not authorized to act on behalf of WeWork


Reuters
May 5, 2020
SoftBank's lawyers had questioned the special committee's right to represent minority shareholders, an assertion the committee rejected last month


Reuters
New Delhi, February 21, 2020
The move comes a few days after the new chief executive Sandeep Mathrani formally took charge of SoftBank-controlled WeWork


BusinessToday.In
February 2, 2020
Mathrani holds a Master of Engineering, Master of Management Science and Bachelor of Engineering from Stevens Institute of Technology in Hoboken, New Jersey


Reuters
January 22, 2020
WEF Davos 2020: Goldman was one of investment banks that would have led the IPO last year, after convincing WeWork it could improve on the USD 47 billion valuation in a private fundraising round it secured in January 2019


Reuters
November 22, 2019
Under co-founder and ex-CEO Adam Neumann, WeWork had become bloated, was diversifying into all kinds of areas - including setting up a school and running apartment buildings - and was expanding at a breakneck speed without any clear route to profitability


Reuters
Tokyo, November 8, 2019
The slower IPO approach is likely to increase SoftBank Group's reliance on its telecoms unit SoftBank Corp, according to analysts. The business accounted for nearly a third of the conglomerate's operating income in the last financial year


Reuters
November 6, 2019
Last month, SoftBank was forced to spend more than $10 billion to bail out WeWork after the U.S. company's IPO attempt flopped


Reuters
TOKYO, November 6, 2019
The scale of the loss shows the risks in SoftBank's strategy of splashing out big on cash-burning startups. It has also cast a pall on his efforts to raise a second massive fund


Reuters
October 25, 2019
By October, with the IPO abandoned and WeWork bleeding cash, co-founder Adam Neumann found himself late on a Sunday evening pleading with his company's largest lender for a $5 billion lifeline


Reuters
October 23, 2019
The rescue financing marks a dramatic fall from grace for Neumann, who as recently as last month was preparing to take WeWork public as chief executive after attaining a $47 billion valuation for it in January


Rukmini Rao
October 10, 2019
Earlier, the Embassy was eyeing exit through the IPO for nearly $2.7 billion for 70 per cent of its stake, while WeWork was looking at a piece-meal deal of 51 per cent for just over $1 billion


PTI
October 10, 2019
WeWork India has 26 operational coworking centres with 46,000 seating capacity. It has 9 centres in Bengaluru, 10 in Mumbai, 6 in Gurugram and one in Pune


Reuters
September 25, 2019
SoftBank managed to muster enough opposition to Neumann in a meeting of We Company's seven-member board on Tuesday to convince him to step down.


Reuters
September 23, 2019
The rare showdown between SoftBank and one of its biggest investments comes after We Company postponed its initial public offering (IPO) last week, following pushback from perspective investors.


PTI
October 31, 2018



PAGES 1 OF 1