iTnews

WeWork to test IPO investor appetite with widening losses

By Joshua Franklin, Manas Mishra and Herbert Lash on Aug 15, 2019 6:48AM
WeWork to test IPO investor appetite with widening losses

Breakneck revenue growth, mounting red ink.

WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month. The IPO, which could raise several billion dollars, will be a key test ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright Reuters
© 2019 Thomson Reuters. Click for Restrictions.
Tags:
agile finance hardware networking storage wework

Partner Content

As Australian companies lean more heavily on the cloud, edge security is finding its stride
Partner Content As Australian companies lean more heavily on the cloud, edge security is finding its stride
Shut the door on ransomware
Promoted Content Shut the door on ransomware
Preventing cybercrime in the world of forex trading
Promoted Content Preventing cybercrime in the world of forex trading
What conversations should executives be having about cyber security?
Partner Content What conversations should executives be having about cyber security?

Sponsored Whitepapers

The top 5 tech trends to deliver business outcomes
The top 5 tech trends to deliver business outcomes
10 reasons why businesses need to invest in cloud security training
10 reasons why businesses need to invest in cloud security training
Your guide to application security solutions
Your guide to application security solutions
State of Software Security: Open Source Edition
State of Software Security: Open Source Edition
Five questions to ask before you upgrade to a SIEM solution
Five questions to ask before you upgrade to a SIEM solution

Events

  • On-Demand Webinar: How Poly and Microsoft are Embracing Future Work Environments
  • [iTnews and Micro Focus] Navigating the cloud modernisation minefield
By Joshua Franklin, Manas Mishra and Herbert Lash
Aug 15 2019
6:48AM
0 Comments

Related Articles

  • Legalise online alcohol sales to help Russians self-isolating amid coronavirus - top banker
  • Bank of Queensland bets on $440m core overhaul
  • So here's the full list of 46 companies in the S&P ASX All Tech index
  • ASX Aussie tech index launches today
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

TPG Telecom to start enticing NBN customers to move

TPG Telecom to start enticing NBN customers to move

Infosys scores another $40m for Centrelink payments engine build

Infosys scores another $40m for Centrelink payments engine build

Telstra InfraCo opens up telco's own fibre network

Telstra InfraCo opens up telco's own fibre network

Transport for NSW data stolen in Accellion breach

Transport for NSW data stolen in Accellion breach

You must be a registered member of iTnews to post a comment.
Log In | Register
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's Privacy Policy and Terms & Conditions.