WeWork: Softbank’s Soft Spot
Daniel Baker, Director of Equity Research, Morningstar
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The impact of the WeWork debacle was evident in SoftBank’s latest quarterly earnings released this week, on the back of its first quarterly operating loss in 14 years due to shrinking valuation of Uber and WeWork, once SoftBank’s brightest stars.
We speak to Daniel for a deeper look into the earnings, whether SoftBank can turn WeWork around and the impact of this on Masayoshi Son & SoftBank’s credibility.
Presented by: Lyn Mak, Wong Shou Ning, Roshan Kanesan
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