Softbank Group Corp, Breaking News: Technology, Social Media

Softbank Group Corp, Breaking News: Technology

WeWork has a complex and costly business in China, which it cites 173 times in IPO filing

WeWork has a complex and costly business in China, which it cites 173 times in IPO filing

14.8.2019

WeWork has a complex and costly business in China, which it cites 173 times in IPO filing

WeWork owns 59% of ChinaCo, its joint venture in China, where it has an expanding footprint.

WeWork opened an operation in Shanghai in 2016, a year before creating a joint venture with $500 million in capital from Japan's

SoftBank Group founder, chairman and CEO Masayoshi Son announces his group's earnings results on May 9, 2019, in Tokyo.

Still, China is quickly becoming a more material part of the business. Revenue there accounted for 5.5% of the total in 2018, up from 3.4% the prior year. Property and equipment there increased to 5% of the total from 2.2% over that stretch.

"The lead investor will only be able to exercise this liquidity event right if it retains all of its holdings" in the company, the filing says.

Read more: CNBC
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.AswathDamodaran china growth subscriptionmodel Valuation Yahtzee, 3 of a kind :) How they keep getting funding blows my mind 🙄

WeWork just dropped its filing to go public, revealing its financials ahead of IPOWeWork released its much-anticipated IPO prospectus, joining a flurry of tech companies going public in 2019. if you wear the hoodie your chances of being taken serious are much better ohh 'dropped' like a single? Nice Interested in following the IPO and the short sale activity there

WeWork files for IPOThe Securities and Exchange Commission filing provides the first in-depth look at WeWork's financial results. Kode saham $wkwk This may be an indicator of the top. SAI Also available - magic beans

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WeWork IPO Filing Reveals Huge Revenue and LossesWeWork’s parent company unveiled the papers for its initial public offering, taking the next step toward the office-space firm’s debut as soon as September. Another cash fire. Really - they are gonna knock off Workday? HAHAHHAHHAHHAAAHHHAHAHHAHHAHHHAHA Unle Sounds like a real winner to me.

WeWork-parent We Co. goes public with IPO filingWeWork-parent The We Co. has publicly filed for an initial public offering of common stock. The provider of shared office spaces said it will offer Class A... Common theme, companies losing money go public so they can unload shares and cash out.

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WeWork files for IPO after losing $1.9 billion last yearWeWork's parent company moves forward with plans to go public despite listing a $1.9 billion loss last year in IPO filing Who would pay for this SCAM And why? PONZI SCREAM- This Co will never make money EVER What matters is the succeeding strategy to be followed to recover the loss.

WeWork shows widening losses in IPO filingWeWork owner The We Company on Wednesday filed with regulators for an initial pu...

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