NEW DELHI: Adani Green Energy Ltd. (AGEL) said on Wednesday it is acquiring SB Energy India from Softbank of Japan and India’s Bharti Group to add 4,954 MW in its… Read more »
By Carolina Mandl, Aditi Shah and Anirban Sen SAO PAULO/NEW DELHI/BENGALURU: SoftBank Group is taking a direct role in managing its virus-hit hospitality startup Oyo’s operations in Latin America through… Read more »
NEW YORK: The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed its cash burn rate almost in half from the end of last year… Read more »
SoftBank Group Corp is considering pulling out of a $3 billion bid to buy additional shares in WeWork, because it feels the office-space sharing firm has not met the conditions… Read more »
WeWork said it received an early payment of $1.5 billion from SoftBank Group, as the co-working company was weeks away from running out of money. As a result, a slate… Read more »
NEW YORK: Japan-based SoftBank will take control of WeWork in a bailout plan that will see the office-sharing startup’s co-founder Adam Neumann exit the board, a person close to the… Read more »
SoftBank Group agreed to spend more than $10 billion to take over WeWork on Tuesday, doubling down on an ill-fated investment and giving a near $1.7 billion payoff to the… Read more »
NEW YORK : Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million… Read more »
CHANDIGARH: Japan’s Softbank Group on Tuesday evinced interest to invest in Punjab’s real estate sector, with focus on student housing through OYO startup. Indian hotel start-up OYO is backed by… Read more »
BY: Shira Ovide Two people believe fervently, wholeheartedly in WeWork Cos., which leases real estate to commercial tenants and also bathes in self-parody. They are Adam Neumann, WeWork’s co-founder and… Read more »