In a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five.

That's because these companies incur high costs by investing in property and equipment and building out spaces, which can drive its losses. These are the same areas where WeWork is spending its ...

WeWork offers serviced office space ... test will be when it goes public and its ability to avoid the same fate of loss-making Uber and Lyft which stumbled on their stock market debuts.

WeWork more than doubled its revenue, loss, and footprint last year, according to a financial presentation seen by Business Insider. The New York-based company, which offers office space to ...

But a look at four years' worth of financials from WeWork's US and UK businesses show the company has healthy positive cashflow, even though on paper it records huge losses. [We have published ...

Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting another year of costly severe storms, floods and droughts.

WeWork India's total expenses last fiscal also increased by 19 per cent to Rs 1,864.3 crore. The expenses were Rs 1,566.7 crore in FY23. The Bengaluru-based company's non-cash components such as ...