Industry News Update – Week of 11/19/2018:

Last week, WeWork’s valuation increased to $45 billion after the company raised $3 billion from Softbank.

Rocket Lab raised $140 million in its Series E funding round. Following this round, the company was valued at $1.41 billion.

Airbnb disclosed that the company generated more than $1 billion in revenue in Q3 2018.

Uber earned $2.95 billion in revenue and suffered a net loss of $1.07 billion in Q3 2018.

The news articles and links presented below are available for your reference.


"Airbnb Booked More Than $1 Billion in Third Quarter Revenue"


"Rocket Lab Reports $140M in Fresh Funding, Cementing Space Unicorn Status"


“Uber Revenue Slows as Quarterly Loss Surges to $1.1 Billion"


"SoftBank Boosts WeWork Valuation to $45 Billion"