WeWork: News
27 Sep 2024
BusinessWeWork's plan to offload stake in Indian unit falls through
WeWork's strategy to sell its 27% stake in its Indian subsidiary has been unsuccessful, despite receiving approval from the Competition Commission of India (CCI).
19 Jun 2024
Competition Commission of IndiaWeWork gets CCI approval to exit Indian co-working market
The Competition Commission of India (CCI) has given its approval to WeWork, a US-based co-working space firm, to sell its entire 27.5% ownership in its Indian division.
30 Apr 2024
BusinessWeWork finalizes bankruptcy deal, rejects founder Adam Neumann's $650M bid
WeWork, the shared office space provider, has successfully finalized a bankruptcy deal with its creditors.
23 Apr 2024
BusinessWeWork India eyes ₹1,000cr funding from Enam, A91 Partners, others
WeWork India, a major player in the flexible co-working space sector, is reportedly in discussions to secure a funding round of ₹1,000 crore.
26 Mar 2024
BusinessAdam Neumann proposes to reacquire bankrupt WeWork for hefty sum
Adam Neumann, the co-founder and ex-CEO of WeWork, has reportedly proposed a bid of over $500 million to reacquire the insolvent shared office space provider.
16 Nov 2023
HyderabadWeWork 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
WorkplaceFounder'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
StartupsCo-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
BusinessWeWork 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
BusinessWeWork'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
CryptocurrencyAdam 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
Initial Public Offering (IPO)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
United States of AmericaT-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.
21 Sep 2019
United States of AmericaWeWork 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
MumbaiMumbai, Bengaluru get new co-working spaces
Mumbai and Bengaluru have gotten more co-working spaces, courtesy WeWork.
25 Aug 2017
SoftBank GroupWorkspace 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.
