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WeWork has enough cash to meet coronavirus challenges: Report
short by Anushka Dixit / on Thursday, 26 March, 2020
WeWork told investors that it has sufficient cash to carry on its five-year plan to increase valuation and win investor trust, despite coronavirus pandemic, its letter claimed. The startup said the $4.4 billion in cash and cash commitments it had on hand at 2019 end is sufficient. It added that capital commitments worth $100 million from SoftBank is also remaining.
read more at Reuters