SoftBank-backed office-sharing startup WeWork reported a first-quarter net loss of $2.06 billion, as it was hit by restructuring charges while it prepares to go public through a merger with a blank-check firm.

World Business Watch: WeWork reports quarterly loss of $2 bn ahead of public listing

WeWork is now in talks with BowX Acquisition Corp, a blank-check company that raised $420 million in August,

WeWork discloses $3.2 billion loss in 2020

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wework loss

World Business Watch: WeWork reports quarterly loss of $2 bn ahead of public listing

WeWork discloses $3.2 billion loss in 2020