{"id":8996,"date":"2019-09-30T21:00:31","date_gmt":"2019-09-30T16:00:31","guid":{"rendered":"http:\/\/umang.pk\/2019\/09\/wework-files-to-withdraw-ipo\/"},"modified":"2019-09-30T21:00:31","modified_gmt":"2019-09-30T16:00:31","slug":"wework-files-to-withdraw-ipo","status":"publish","type":"post","link":"https:\/\/umang.pk\/ur\/2019\/09\/30\/wework-files-to-withdraw-ipo\/","title":{"rendered":"WeWork files to withdraw IPO"},"content":{"rendered":"<div class=\"story-detail\">\n<p><script src=\"https:\/\/cdn.radiantmediatechs.com\/rmp\/5.0.5\/js\/rmp.min.js\"><\/script><\/p>\n<div class=\"clearfix\"><\/div>\n<div class=\"medium-insert-images norender-embeds ui-sortable\">\n<figure contenteditable=\"false\">\n<img decoding=\"async\" src=\"http:\/\/umang.pk\/wp-content\/uploads\/2019\/10\/WeWork-files-to-withdraw-IPO.jpg\" alt=\"\" class=\"\" title=\"\"><figcaption class=\"\" contenteditable=\"true\">WeWork file for withdrawing an IPO.<\/figcaption><\/figure>\n<\/div>\n<p>WeWork&#39;s parent The We Company said Monday it would withdraw its first public offering in a week after removing SoftBank-backed office-sharing startup founder Adam Neumann as chief executive officer.<\/p>\n<p>WeWork&#39;s IPO decision is expected to widen significantly after postponing the sale of shares in early September, following the views of stock market investors and the firm damage to Neumann&#39;s company as stock losses worsen.<\/p>\n<style type=\"text\/css\">\n<p>.ads_between_content {\nHeight: automatic;\nWidth: automatic;\nfloat: right;\nMargin: 10px 0 10px 20px;\n}\n@Media (max width: 600 pixels) {\n.ads_between_content {\nfloat: none;\nMargins: 0px auto;\nText alignment: center;\n}\n}\n<\/style>\n<div id=\"div-gpt-ad-1531458005988-0\" class=\"ads_between_content\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1531458005988-0'); });\n<\/script>\n<\/div>\n<\/p>\n<div class=\"norender-embeds medium-insert-embeds hlsurl\" contenteditable=\"false\">\n<figure>\n<div class=\"medium-insert-embed\">\n<div id=\"my-video\" class=\"video_embed_hls post_embed_video_center\">\n<div id=\"myvideo_1\" style=\"min-width: 320px; min-height: 350px;\"><\/div>\n<\/div>\n<p><script>\n            var src = {\n              hls: 'https:\/\/stream1.jeem.tv\/vod\/330a174c7ec12ea2a2dc547b62f76738.mp4\/playlist.m3u8?wmsAuthSign=c2VydmVyX3RpbWU9OS8zMC8yMDE5IDQ6NTg6MTYgUE0maGFzaF92YWx1ZT1hQlhQTHpOL0NyQ0MwbnpxUEt1b0JnPT0mdmFsaWRtaW51dGVzPTYwJmlkPTE='\n            };\n            \/\/ Define ad-schedule\n            var schedule = {\n              \/\/ Preroll\n              preroll: 'https:\/\/pubads.g.doubleclick.net\/gampad\/ads?sz=640x480&iu=\/1063725\/web_thenews_vod_preroll_holla&impl=s&gdfp_req=1&env=vp&output=vast&unviewed_position_start=1&url=[referrer_url]&description_url=[description_url]&correlator=[timestamp]',\n              \/\/ Midroll\n              \/*midroll: [\n                [60, 'https:\/\/pubads.g.doubleclick.net\/gampad\/ads?sz=640x480&iu=\/1063725\/web_geonews_live_midroll_holla&impl=s&gdfp_req=1&env=vp&output=vast&unviewed_position_start=1&url=[referrer_url]&description_url=[description_url]&correlator=[timestamp]'],\n                [120, 'https:\/\/an.facebook.com\/v1\/instream\/vast.xml?placementid=794732903989092_1405679356227774&pageurl=https:\/\/live.geo.tv\/?']\n              ]*\/\n            };\n            \/\/ Then we set our player settings\n            var settings = {\n              \/\/licenseKey: 'eWZmZ2d2Y3BrdEAxNTMwNjA2',\n              licenseKey: 'eWZmZ2d2Y3BrdEAxNTMwNjA2',\n              src: src,\n              \/\/ The player will automatically resize itself based on context and those reference width\/height values\n              \/*width: 640,\n              height: 360,*\/\n              ads: true,\n              adSchedule: schedule,\n              skin: 's1',\n              preload: 'auto',\n              \/*muted: true,*\/\n              autoplay: true,\n              autoHeightMode: true,\n              autoHeightModeRatio: 1.6,\n              sharing: false,\n              sharingUrl: 'https:\/\/www.thenews.com.pk',\n              sharingNetworks: ['facebook', 'twitter', 'linkedin'],\n              poster: 'https:\/\/poovee.net\/media\/thumbs\/330a174c7ec12ea2a2dc547b62f76738_1.jpg',\n              \/\/ Logo settings\n              \/*logoLoc: 'https:\/\/live.geo.tv\/',*\/\n              logo: 'https:\/\/www.thenews.com.pk\/assets\/front\/images\/logo.png',\n              logoPosition: 'topleft',\n              logoWatermark: true\n            };\n            var elementID = \"myvideo_1\";\n            var rmp = new RadiantMP(elementID);\n            rmp.init(settings);\n        <\/script>\n<\/div>\n<\/figure>\n<div class=\"medium-insert-embeds-overlay\"><\/div>\n<\/p><\/div>\n<\/p>\n<p>SoftBank, who owns nearly a third of the We Company, invested in startups with a valuation of $ 47 billion in January. But investor skepticism led this earlier this month, considering that the potential IPO valuation was only $ 10 billion earlier this month, Reuters reported.<\/p>\n<p>WeWork co-CEOs Artie Minson and Sebastian Gunningham said Monday, \u201cThe CEO decided to postpone the IPO to focus on the core business.<\/p>\n<p>\u201cWe have every intention of running WeWork as a public company and look forward to revisiting the public stock market in the future,\u201d Minson and Gunningham said.<\/p>\n<p>We Company vowed to pursue an IPO and complete the sale of shares by the end of the year after Neumann resigned as CEO. However, sources told Reuters last week that the IPO this year will not be completed.<\/p>\n<p> <script type=\"application\/ld+json\">\n                                    {\n                                      \"@context\": \"http:\/\/schema.org\",\n                                      \"@type\": \"VideoObject\",\n                                      \"name\": \"WeWork files to withdraw IPO\",\n                                      \"description\": \"WeWork\u2019s decision to pull its IPO was widely expected after the company postponed the share sale earlier in September\",\n                                      \"thumbnailUrl\": \"https:\/\/www.thenews.com.pk\/assets\/uploads\/updates\/2019-09-30\/l_534318_090302_updates.jpg\",\n                                      \"uploadDate\": \"2019-09-30 21:00:31\",\n                                      \"contentUrl\": \"https:\/\/www.thenews.com.pk\/latest\/534318-wework-files-to-withdraw-ipo\",\n                                      \"embedUrl\": \"http:\/\/stream.jeem.tv\/vod\/330a174c7ec12ea2a2dc547b62f76738.mp4\/playlist.m3u8\"\n                                    }\n                                 <\/script><\/p>\n<div class=\"clearfix\"><\/div>\n<div class=\"voice-play-box play voice-bottom\">\n<a target=\"_blank\" href=\"javascript:void(0)\" class=\"play-news\" rel=\"noopener noreferrer\"><br \/>\n<img decoding=\"async\" class=\"play-icon\" src=\"http:\/\/umang.pk\/wp-content\/uploads\/2019\/08\/Islamabad-German-Embassy-staff-distributes-cloth-bags-after-plastic-ban.png\" alt=\"\" title=\"\"><br \/>\n<img decoding=\"async\" class=\"pause-icon\" src=\"http:\/\/umang.pk\/wp-content\/uploads\/2019\/08\/1566662994_579_Islamabad-German-Embassy-staff-distributes-cloth-bags-after-plastic-ban.png\" alt=\"\" title=\"\"><br \/>\n<\/a>\n<\/div>\n<div class=\"clearfix\"><\/div>\n<div class=\"detail-ads\">\n<div class=\"ads\">\n<div class=\"ads-code\">\n<div id=\"div-gpt-ad-1523347863262-14\" class=\"detail_page_inner_adds_new\">\n <script type=\"text\/javascript\">\n                                                googletag.cmd.push(function () {\n                                                    googletag.display('div-gpt-ad-1523347863262-14');\n                                                });\n                                            <\/script>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>        .<\/p>\n<p>Source: https:\/\/www.thenews.com.pk\/latest\/534318-wework-files-to-withdraw-ipo<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WeWork file for withdrawing an IPO. WeWork&#39;s parent The We Company said Monday it would withdraw its first public offering in a week after removing SoftBank-backed office-sharing startup founder Adam Neumann as chief executive officer. WeWork&#39;s IPO decision is expected to widen significantly after postponing the sale of shares in early September, following the views [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8997,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[19734,22071,23328],"class_list":["post-8996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-files","tag-remove","tag-we-work"],"_links":{"self":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/8996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/comments?post=8996"}],"version-history":[{"count":0,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/8996\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/media?parent=8996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/categories?post=8996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/tags?post=8996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}