Headline Details

WeWork IPO valuation could dip below $20 billion, clouding SoftBank's vision

Published on: Tue, 10 Sep 2019 14:47:37 UTC
News Agency: Reuters
Description:
WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter said, the latest blow to leading tech investor SoftBank Group after limp flotations of Uber and Slack .

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
U.S. social networks withhold data on spread of livestreamed Germany shooting video Reuters
Shocked by cartel firefight, Mexico's Culiacan seeks return to normality Reuters
Chile shuts down capital city metro as violent protests spread Reuters
Ivanka Trump says developing countries must do more to empower women to get U.S. aid Reuters
Ecuador's Moreno announces tax reform after rolling back fuel price hike Reuters