Ellen Huet
Stories by Ellen Huet
Co-working major WeWork said to be eyeing a listing as early as September
The company is targeting a share sale of about $3.5 billion.
WeWork considers $1.9b deal for majority control of India affiliate
The New York-based company is in talks to buy around 70% of WeWork India at a valuation of about $2.75 billion.
WeWork’s revenue doubled last year, losses kept pace
International growth helped the company more than double its sales to $1.82 billion in 2018. Its losses also more than doubled to $1.93 billion.
SoftBank-backed WeWork lays off 300 employees ahead of hiring binge
The company has 10,000 employees and plans to add 6,000 this year.
DoorDash valued at $7.1b after latest round led by Dragoneer, Temasek
The $7.1 billion valuation is up from $1.4 billion less than a year ago.
Y Combinator’s women-only forum evolves into startup
Elpha has bagged seed funding from Y Combinator and angel investors, plus a spot in the next batch of startups in the accelerator’s program.
WeWork experiences pushback from landlords, real estate rivals
Big real estate names like Blackstone Group LP and Tishman Speyer are venturing into flexible-space offerings of their own. Brokers, meantime, are gro
WeWork raises $3b in fresh funding from SoftBank
SoftBank agreed to pay $3 billion to WeWork for the opportunity to buy shares before September 2019 at a price of $110 a share or higher, depending
SoftBank said to be in talks to take majority stake in WeWork
The Japanese conglomerate and its Vision Fund invested $4.4 billion in WeWork last year and put in an additional $1 billion in August in the form of a
