Trustbridge will pay $200 million to take over the operation of around 100 locations, while the shared work space pioneer will maintain a ‘participating interest’

CEO Masayoshi Son warns tech unicorns falling into coronavirus ‘valley’

Jack Ma to leave Japanese company's board, as it announces plans to further sell down stake in Chinese e-commerce giant

WHO warns of pandemic disaster in Africa and sees coronavirus as permanent; Jia Yueting’s Leshi finally being delisted; China gives consumers $2.7 billion

American workspace-sharing company’s retreat in world’s most expensive property market reflects financial pressures from Covid-19 pandemic

Covid-19 pandemic slams investments in sharing-economy businesses such as WeWork and Uber, forcing asset sales including $14 billion Alibaba stake

Plaintiffs accuse WeWork’s biggest shareholder of reneging on promises to buy stock from a handful of shareholder because it had ‘buyer’s remorse’

The New York-based co-working giant is aiming to slash as much as 30% from its copious load of rent liabilities

SoftBank’s write-downs show peril for private equity investors after WeWork IPO fiasco, plunging share values for Uber and Lyft, and safety crises at Airbnb and Didi Chuxing

36Kr and Ecmoho are just the latest companies to slash their fundraising targets as investor sentiment turns against money-losing startups

Latest fundraising puts value of three-year-old Ucommune at $1.8 billion as demand for co-working space surges

NXP buys back $5 billion of shares, Pinduoduo soars in Wall Street debut, Huawei raises research budget

China unit of U.S. shared-workspace leader sees valuation reach $5 billion, sources say

Unusual choice for button-down group reflects local embrace of concept pioneered by Uber, Airbnb