WeWork has confidentially filed for an IPO
The coworking behemoth's parent company, The We Company, said Monday that it had submitted confidential paperwork with the US Securities and Exchange Commission to go public.At the end of March, The We Company released select financial results which showed that its revenue more than doubled last year to $1.8 billion. But it is still bleeding money: It also reported a $1.9 billion loss.
It had more than 400,000 members in 2018, up from 186,000 members the year prior. Enterprise companies such as Microsoft and Bank of America make up a growing portion of its memberships.SoftBank plans to give WeWork another $2 billionAhead of becoming a public company, We Company has been sweeping up startups to bolster its offerings.Earlier this month, WeWork acquired Managed by Q, the office-services management startup.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
The We Company, better known as WeWork, files confidentially for IPOThe We Company, better known as WeWork, filed confidentially for an IPO, the company said in a press release on Monday.
Lire la suite »
The We Company, formerly known as WeWork, files confidentially for IPOThe We Company, formerly known as WeWork, filed confidentially for an IPO, the company said in a press release on Monday.
Lire la suite »
WeWork Files for Initial Public OfferingShared office space giant WeWork said it has filed for an initial public offering, making it the latest highly valued startup to shoot for the public markets this year.
Lire la suite »
WeWork confidentially filed to go publicWeWork parent The We Company just filed to go public.
Lire la suite »
slack - MarketWatch.com Search
Lire la suite »
Slack files to bypass traditional IPO, reports $400 million in revenue, $138 million in lossesThe work messaging app narrowed its annual losses to 139 million this year.
Lire la suite »
Tencent-backed live-streaming firm DouYu files for $500 million U.S. IPOChina's largest live-streaming platform DouYu International Holdings Limite...
Lire la suite »
Here's who stands to get rich from Uber's IPOUber's top shareholders stand to gain billions of dollars from the company's expected IPO next month.
Lire la suite »
Uber estimates it lost at least $1 billion in the first quarter of 2019The company's amended IPO filing Friday included our first look at its 2019 financials.
Lire la suite »
PayPal is investing $500 million into Uber as part of its $90 billion IPOUber said PayPal was buying $500 million in stock at IPO price.
Lire la suite »
Uber is reportedly setting a price range of $44 to $50 for its upcoming IPOUber expected to set its IPO price range of $44 to $50, according to Bloomberg.
Lire la suite »