Monday, September 9, 2019

SoftBank urges WeWork to shelve IPO over valuation concerns: Report

Investor scepticism has already forced money-losing The We Company to weigh slashing its IPO valuation to a little more than $20 billion https://ift.tt/2Lz6t2A https://ift.tt/eA8V8J

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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...