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Balloons Confetti
News

Airbnb Rival Domio Raises $100M To Fuel Expansion

... the latest round of funding, Series B, with Eldridge Industries, Softbank NY and Upper90 also participating, among other investors. The company ...

Dec 18, 2019
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WeWork And Ivanhoé’s $3B Property Buying Spree Is On Hold
News

WeWork And Ivanhoé’s $3B Property Buying Spree Is On Hold

... in September and its subsequent cash crunch and bailout by SoftBank. "Opportunities could come from existing owners with WeWork as a ...

Dec 11, 2019
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WeWork’s London Expansion Checked As Deals Cancelled
News

WeWork’s London Expansion Checked As Deals Cancelled

... to take a $9B bailout package from its main backer, SoftBank, to avoid running out of money before the end of ...

Dec 02, 2019
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Knotel Has Hundreds Of Thousands Of Square Feet To Fill In The Next Year
News

Knotel Has Hundreds Of Thousands Of Square Feet To Fill In The Next Year

... its former CEO Adam Neumann replaced, and a bailout from SoftBank, its main investor. In a $9.5B deal, the Japanese ...

Nov 08, 2019
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WeWork Puts UK And European Staff On Notice Of Job Cuts
News

WeWork Puts UK And European Staff On Notice Of Job Cuts

... funds through an initial public offering in September, major investor SoftBank had to step in with a rescue package that totalled ...

Nov 06, 2019
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deliveroo manchester
News

How Amazon's Deliveroo Takeaway Depends On Dark Kitchens (And Not Breaching Competition Rules)

... is now attracting £20B investment from tech investors such as SoftBank and Naspers in the expectation that dark kitchens can yield ...

Oct 17, 2019
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WeWork offices, wework, co-working space, open offices
News

Report: WeWork Could Run Out Of Money By November As JPMorgan Considers Bailout

... , JPMorgan and Goldman had promised to lend it another $6B. SoftBank, which had already invested $10B into the company (mostly through ...

Oct 13, 2019
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As It Expands Rapidly In U.S., Indian Hotel Startup Hits $10B Valuation
News

As It Expands Rapidly In U.S., Indian Hotel Startup Hits $10B Valuation

... major investor in the new round (Series F) will be SoftBank Group, which supports a variety of startups it considers disruptive ...

Oct 08, 2019
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WeWork Offices
News

Top CRE Execs Answer 3 Important Questions On The Future Of WeWork

... and realize that instead of blaming Adam Neumann for convincing SoftBank to invest at lofty valuations, the blame should fall on ... a massive marketing binge and CRE land grab with their SoftBank dollars, without properly investing in the way Servcorp has in ...

Oct 06, 2019
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As WeWork Spirals, Competitor IWG Has Gained 60% In Value
News

As WeWork Spirals, Competitor IWG Has Gained 60% In Value

... WeWork reported losses of $1.37B, the Times reports. With SoftBank Group inflating its private valuation to $47B, The We Company ...

Oct 02, 2019
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