Page 4 - Wework Global News Today

Primedia+ is your brand-new online content hub, home to the iconic radio stations you love 947, 702, Kfm, CapeTalk, and EWN all in one convenient location. Its more than just radio and news, its an all-encompassing online content hub. Diving into a treasure trove of information about your favorite presenters, the latest audio and video highlights, online news articles, competitions, the hottest events, and shining the spotlight on your favorite features and tv shows from Primedia Studios.

Fintech MFS Africa has rebranded to Onafriq. Per CEO Dare Okoudjou, the facelift was due to trademark challenges in the US.

The company's shares plunged 37% after the company revealed plans to file for bankruptcy as early as next week.

Even at a time when WeWork struggles to keep operations afloat, WeWork India said it clocked revenues of Rs 1,400 crore in FY23, had an EBITDA of Rs 250 crore and a profit after tax of roughly Rs 60 crore.

WeWork India is unaffected by the global company's bankruptcy filing. Learn more about what this means......

Virwani had described WeWork Global as a great partner who helped India business during the tough COVID period by making investments.

Flexible workspace provider WeWork is reportedly gearing up to initiate a bankruptcy filing within the upcoming week, reported Wall Street Journal.

WeWork India currently has about 6.5 million sq ft of assets signed across 50 locations in seven cities-New Delhi, Gurgaon, Noida, Mumbai, Bengaluru, Pune, and Hyderabad.

The company has a 30-day grace period to make the interest payments before a non-payment can be considered an "event of default", WeWork said in a regulatory filing.

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..