WeWork: News

16 Nov 2023

Hyderabad

WeWork India expands with 4,000 desks in Bengaluru and Hyderabad

WeWork India has revealed its intention to expand its presence in Bengaluru and Hyderabad by adding 4,000 desks across 2.72 lakh square feet.

07 Nov 2023

Workplace

Founder's riches grow as WeWork goes bankrupt: Here's how

WeWork, the co-working giant that once boasted a net worth of nearly $50 billion, filed for Chapter 11 bankruptcy in New Jersey on November 6.

07 Nov 2023

Startups

Co-working giant WeWork goes bankrupt: Here's what comes next

WeWork, the once highly-valued US start-up backed by SoftBank Group, has filed for bankruptcy protection as it struggles with costly leases and the surge in remote work.

01 Nov 2023

Business

WeWork shares nosedive 42% amid bankruptcy reports

WeWork shares took a nosedive of over 42% in after-hours trading following news from the Wall Street Journal (WSJ) indicating the company might file for bankruptcy next week.

09 Aug 2023

Business

WeWork's future in jeopardy as company faces 'substantial doubts'

Workspace provider WeWork has raised "substantial doubts" about its ability to continue as a going concern, warning of a possible bankruptcy.

25 May 2022

Cryptocurrency

Adam Neumann's Flowcarbon raises $70mn through VC funding, token sales

WeWork co-founder Adam Neumann is back with a new blockchain-based carbon credit company dubbed 'Flowcarbon.' The startup has now raised $70 million in a funding round led by Andreessen Horowitz's crypto division.

03 Feb 2020

SoftBank Group

WeWork appoints real estate veteran Sandeep Mathrani as CEO

WeWork, the American start-up that provides shared workspaces, has appointed real estate veteran Sandeep Mathrani as its new CEO.

12 Nov 2019

SoftBank Group

T-Mobile's John Legere could be WeWork's next CEO

From an imploded IPO to allegations of sexism, unprofessional culture and layoffs, WeWork has faced a lot of flak lately.

WeWork CEO wants to live forever, be the "World's President"

Earlier this year, a New York Magazine profile on WeWork CEO Adam Neumann painted him as quite the party boy with company events boasting free-flowing beer kegs, weed or some such.

19 May 2018

Mumbai

Mumbai, Bengaluru get new co-working spaces

Mumbai and Bengaluru have gotten more co-working spaces, courtesy WeWork.

25 Aug 2017

Masayoshi Son

Workspace start-up WeWork gets massive $4.4 billion from SoftBank

WeWork, the New York start-up which helped pioneer the concept of shared office spaces and associated services, has now won the vote of confidence from two huge investment groups along with hefty $4.4 billion investment.