NEW YORK: Fast-growing office-sharing start-up WeWork plans to again cut its valuation, this time to below US$20 billion, and is under pressure from some investors to postpone its stock market debut, sources said Sunday .
JPMorgan Chase and Goldman Sachs, the two main underwriters for the initial public offering, will hold a number of meetings with each other and investors to try to ease their fears.
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Co-working giant WeWork plans to cut valuation again to below US$20b: SourcesNEW YORK (AFP) - Co-working giant WeWork plans to again cut its valuation, this time to below US$20 billion (S$27.6 billion), and is under pressure from some investors to postpone its stock market debut, sources said on Sunday (Sept 8).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »