NewslettersStartup Wire | How BizarreThe latest startup briefs from across the Asia Pacific region. 3 mins read
The shared-office model has been disrupted both by the coronavirus pandemic and the public collapse of WeWork. NewsCHINA BRIEF | China WeWork rival Ucommune puts brakes on US IPO plan, plans backdoor listing1 min read
Investments in the likes of Uber and WeWork have plunged in value. NewsSoftBank’s USD 100 billion Vision Fund to shed 15% of staff1 min read
Adam Neumann as the biggest beneficiary could sell up to USD 970 million in stock to SoftBank. NewsWeWork co-founder Adam Neumann sues SoftBank over canceled tender offer1 min read
USD 100 billion investment vehicle turns net negative after WeWork and other woes. NewsSoftBank Vision Fund’s gains wiped out with USD 16.7 billion loss3 mins read
The special committee of WeWork‘s board said it is suing SoftBank after the investment giant withdrew its USD 3 billion tender offer. NewsWeWork sues SoftBank over canceled USD 3 billion tender offer1 min read
SoftBank backing out from the agreement would be “completely unethical,” especially given the current environment with the Covid-19 crisis, says WeWork. NewsWeWork demands completion of SoftBank’s USD 3 billion commitment2 mins read
Tech conglomerate moves to cut exposure as stock slides to more than 3-year low. NewsSoftBank reviews USD 3 billion tender offer for WeWork shares2 mins read
The global economy slowdown and failed IPO cases have made investors more selective in investing in early stage startups. InsightsBe ready, Southeast Asian startups will face a hard time raising money6 mins read
NewsDeals in brief: Pro-Net secures MYR 200 million from CIMB Bank, Mitsui and Rohto jointly acquire Eu Yan Sang, Hyundai becomes top shareholder of KT, and more
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