Topic

WeWork

WeWork India posts higher quarterly profit as flexible workspace demand surges

Published 21 May, 2026 04:32pm

Revenue from operations rises 29% year-on-year to 6.96 billion rupees

WeWork India hits record revenue; profit tumbles as tax gain fades

Published 10 Nov, 2025 03:51pm

Flexible workspace provider WeWork India Management reported a sharp drop in quarterly profit on Monday despite...

WeWork India slips in trading debut amid valuation, governance concerns

Published 11 Oct, 2025 12:01am

WeWork India Management shares settled 3% lower in their trading debut on Friday, valuing the co-working space...

WeWork India slips 5% in debut trade amid valuation, governance concerns

Published 10 Oct, 2025 11:04am

Shares of WeWork India fell as much as 5.2% on Friday, valuing the flexible workspace operator at 82.32 billion...

India markets regulator approves WeWork franchisee’s IPO

Published 15 Jul, 2025 11:26am

India’s markets regulator has approved an initial public offering by WeWork India Management , the domestic...

Trump, SoftBank CEO announce $100 billion US investment, in echo of 2016 event

Published 17 Dec, 2024 11:03am

Holland PALM BEACH: President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on...

SoftBank’s WeWork, once most valuable US startup, succumbs to bankruptcy

Published 07 Nov, 2023 10:13am

WeWork, the SoftBank Group -backed startup whose meteoric rise and fall reshaped the office sector globally, sought...

WeWork to exit 40 US locations to cut costs, revenue outlook disappoints

Published 10 Nov, 2022 06:01pm

WeWork Inc said on Thursday it will exit about 40 locations across the United States and forecast current-quarter...

US small-screen series explore the drama of startups

Published 14 Mar, 2022 06:00am

NEW YORK: As the founders of massive startups like Theranos, WeWork and Uber fall from grace, their failures have...

WeWork rival IWG reviews separating its digital and technology assets

Published 03 Nov, 2021 03:54am

NEW YORK: Office rental company IWG is considering whether to separate its digital and technology businesses from ...

WeWork to begin accepting payments in cryptocurrencies

Published 20 Apr, 2021 05:59pm

WeWork is the latest in a string of popular companies to announce plans to incorporate cryptocurrencies in their businesses.
Visa Inc said last month it would allow payment settlements using cryptocurrency while PayPal Holdings Inc launched a crypto checkout service on March 30.

WeWork to go public with $9bn valuation

Published 30 Mar, 2021 05:45am

NEW YORK: WeWork announced on Friday it plans to enter public markets through a merger transaction that raises $1.3...

Adam Neumann's final WeWork act: helping SoftBank's SPAC deal

Published 29 Mar, 2021 07:04pm

Neumann was locked in a fierce legal battle at the time with SoftBank over a $3 billion deal for a portion of his and other investors' stake in the office space-sharing company.
Ranadivé's SPAC had been looking for an acquisition target after raising $420 million in an IPO in August.

WeWork takes SPAC route to go public in $9bn deal

Published 26 Mar, 2021 06:15pm

It marks a steep drop from the $47 billion that WeWork was valued for a listing in 2019, ahead of a botched listing plan that imploded due to investor concerns over its business model and its founder Adam Neumann's management style.
The startup told prospective investors it lost about $3.2 billion last year as part of a pitch for a stock market listing by merging with a special purpose acquisition company.

Tokyo stocks open higher after rout

Published 01 Mar, 2021 11:00am

Mizuho Financial Group was up 0.80 percent at 1,571.5 yen after the banking group said it had restored its ATM and online services.

SoftBank reaches deal with WeWork

Published 28 Feb, 2021 04:55am

TOKYO: Internet investor SoftBank Group said Saturday it reached a settlement with WeWork co-founder Adam Neumann ...

SoftBank reaches settlement with former WeWork CEO Neumann

Published 27 Feb, 2021 10:43am

SoftBank, the new owner of the office-sharing firm, did not disclose terms of the settlement. Media reports earlier this week indicated the deal includes a nearly $500 million cut in Neumann’s payout from SoftBank.

SoftBank's Son hails 'golden eggs' as Vision Fund rallies

Updated 08 Feb, 2021 10:01pm

Reported unrealised gain of $10.7 bln in Doordash.
Almost half of VF1 portfolio listed or exited.
SB Northstar reported $2.7 bln derivative loss.
Unit's stakes include TSMC ADRs.

WeWork in talks to go public through SPAC deal

Published 29 Jan, 2021 11:47am

"We will continue to explore opportunities that help us move closer towards our goals," it added.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 20	162.36
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.35
Euro to USD / Jul 20	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Nasdaq / Jul 17	25,520.24
Dow Jones / Jul 17	52,146.42
Tokyo Nikkei / Jul 20	77,672.21
Hang Seng / Jul 20	25,069.85
FTSE 100 / Jul 20	10,562.80
Germany DAX 30 / Jul 20	24,913.94
France CAC40 / Jul 20	8,361.60

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Petrol/Litre / Jul 20	316.15
Crude Oil USD/Barrel / Jul 20	84.29
Gold Spot USD/Ounce / Jul 20	4,011.10
Diesel/Litre / Jul 20	354.35
Cotton US¢/pound / Jul 20	79.24

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Ahmad Hassan / Jul 20 Ahmad Hassan Textile Mills Limited(AHTM)	100.21 ▲ 9.11 (10%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
National Silk / Jul 20 The National Silk & Rayon Mills Limited(NSRM)	299.43 ▲ 27.22 (10%)
Olympia Mills / Jul 20 Olympia Mills Limited(OML)	118.34 ▲ 10.76 (10%)
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
Husein Industries / Jul 20 Husein Industries Limited(HUSI)	55 ▲ 5 (10%)
Leather Up Ltd. / Jul 20 Leather Up Limited(LEUL)	45.98 ▲ 4.18 (10%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Maqbool Textile / Jul 20 Maqbool Textile Mills Limited(MQTM)	33.43 ▼ -3.71 (-9.99%)
Ideal Dynamics / Jul 20 Ideal Dynamics Limited(IDEAL)	49.50 ▼ -5.25 (-9.59%)
Fateh Sports / Jul 20 Fateh Sports Wear Limited(FSWL)	136.39 ▼ -13.9 (-9.25%)
Buxly Paints / Jul 20 Buxly Paints Limited(BUXL)	173.04 ▼ -16.9 (-8.9%)
ARM Green Industries / Jul 20 ARM Green Industries Limited(ARMG)	64.63 ▼ -6.07 (-8.59%)
Elahi Cotton / Jul 20 Elahi Cotton Mills Limited(ELCM)	216.01 ▼ -20.08 (-8.51%)
Metro Steel / Jul 20 Metropolitan Steel Corporation Limited(MSCL)	22.03 ▼ -2.02 (-8.4%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	166,059,814 ▲ 0.8
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49,159,104 ▲ 4.46
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	38,436,785 ▲ 0.41
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	36,283,729 ▲ 0.15
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	27,615,297 ▼ -0.07
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	17,575,908 ▲ 0.54
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	15,089,114 ▲ 0
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	14,202,726 ▲ 0.01
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	13,521,739 ▲ 0.86
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	13,125,536 ▲ 0.01

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