It has only been a few days since China’s largest co-working operator officially filed a prospectus for its US IPO, but Ucommune’s debut on the New York Stock Exchange is already said to be facing opposition from its own bankers… Read More>>
Ucommune Said to File for US IPO in Wake of WeWork Debacle
Mainland co-working operator Ucommune is said to have filed for an initial public offering with the US securities regulator and is targeting a public listing before the end of the year, according to media reports.
The Beijing-based shared office unicorn,… Read More>>
WeWork Formally Cancels IPO as Layoffs, Cost Cuts Loom
WeWork’s planned IPO won’t work, appears to be the decision of the shared office giant’s new leadership, which announced late Monday that the We Company was withdrawing its application for an initial public offering.
“We have decided to postpone our… Read More>>
Colliers’ Focus on Industry Innovations Pays Off with 16 Awards in 2019 Euromoney Survey Sponsored Feature
Colliers International has been recognised with a total of 16 accolades in five distinct categories in a global survey of real estate developers, advisors, financial institutions, investors and corporate end-users, including being recognised as the best overall investment manager globally… Read More>>
Softbank Said Joining Board Mutiny Against WeWork CEO
After the parent company of WeWork failed in its attempt to launch an IPO this month and the startup’s valuation was reported to slide by as much as 75 percent, Japan’s Softbank is now reported to have joined a shareholder… Read More>>
92% Say WeWork Worth $15B or Less, No IPO Without Path to Profit Mingtiandi Survey Results
The aftermath of the decision one week ago by the We Company, the parent firm of WeWork, to postpone its initial public offering continues to be examined in the international press, in board rooms and coffee shops as markets sort… Read More>>
The Executive Centre Calls Off $750M Sale Amid Hong Kong Unrest
Just days before final bids were due to be received in a proposed sale of The Executive Centre, the shareholders of the Hong Kong-based shared office provider have halted the sale, according to a statement received by Mingtiand from the… Read More>>
Shared Office Space Secrets of Success Sponsored Feature
The ‘rough and ready’ coworking space is making way for a premium product underpinned by smart space design, superior amenities and state-of-the-art technology, according to Yardi’s vice president of International, Neal Gemassmer.
“What began as a small percentage of people… Read More>>
HK’s WorkTech Launches First Co-Working Space in Taipei
WorkTech is set to launch its first co-working location in Taipei, a 2,000 square metre (21,528 square feet) space in the city’s hipster-favoured Zhongshan district that will open next month.
The eight-year-old Hong Kong-based company is the latest shared office… Read More>>
WeWork Said Targeting $3.5B September IPO
Shared offices with attitude and free-flow beer could convert into a $3.5 billion IPO for WeWork within the next two months, according to media reports today, citing sources familiar with the company’s plans.
While WeWork has yet to comment publicly… Read More>>
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