WeWork’s first financial report shows off growing revenues and $1B SoftBank deal
This morning, WeWork released its first financial report. It also revealed a new $1 billion funding deal with SoftBank, per Axios.
Here’s the high-level info:
In the past year, WeWork has launched apartments, gyms, schools, classes for professionals, and a whole slate of new offerings for businesses, in a bid to take over the office. It now sells everything from hot desks to whole office makeover and management. Just (August 19, 2018), the company debuted a new product for mid-size businesses, a sort of à la carte menu catering to startups that need to quickly upsize or downsize.