WeWork's Mounting Losses Send Softbank Scrambling For Alternative Financing
Softbank Group (9984 JP) (Softbank Corp (9434 JP) announced Wednesday it took out a 2-3 year margin loan against its own shares for JPY 500 billion...
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WeWork: Softbank Details Imply Slowing Top Line Growth and $1bn+ in Losses
According to Softbank (indirectly), WeWork revenue growth continues to slow and losses to expand. We did not get any detailed financial data this...
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Softbank Group: Q3 Takeaways Include Vision Fund Weakness and a Seeming Reluctance on Share Buybacks
Once one moves past the Sprint surprise and Alibaba upside, this was a poor report. The company was basically break-even on an operating basis as a...
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Softbank Group: Tech Upside Trumped by Sprint, WeWork and Vision Fund 2 Worries
The Financial Times reports that one of Softbank Vision Fund's top managing partners in the US has resigned citing concerns about internal issues...
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Phoenix Tree (Danke) IPO - Far from Being Ready for Listing
Phoenix Tree (Danke) is looking to raise up to US$175m in its US IPO. Danke is a co-living accommodation provider. According to iResearch, Danke...
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