Ucommune Group IPO: WeWork’s Chinese Counterpart Another Disaster Waiting to Happen
Ucommune Group (UK US) is China’s leading co-working community operator and had 197 co-working spaces across 41 cities in Greater China and...
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WeWork Is Foundering While Softbank Struggles With Its Bailout
Bloomberg reported Softbank Group (9984 JP) finally has launched its $3 billion tender offer for The We Company (WeWork) (WE US) shares, according...
635 Views
Softbank Understandably Has Second Thoughts on WeWork Valuation Which We Now Place at $3bn
Softbank is reportedly looking into the possibility of lowering its offer for WeWork shares it does not own even as it is in discussions with its...
574 Views
WeWork Bondholders Brace for Softbank's Rescue Plan--In Silence
As I expected, The We Company (WeWork) (WE US) has gone silent (see The Tide Is Out and WeWork Bondholders Are Naked). Given the urgency of...
643 Views
Softbank G: We Company Deal Is Wrong on so Many Levels
Softbank announced it would boost its stake in We Company to 80% through the purchase of new and existing shares plus the contribution of its...
959 Views