The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in losses, according to Q4 earnings on Thursday. Continue reading
The co-working space lost $568 million in Q3, an improvement from the same period last year when it lost $802 million, according to earnings on Thursday. Its revenue hovered at $817 million, a 24 percent lift from 2021. Continue reading
As part of making its largest investment ever in WeWork founder’s new real estate empire, Andreessen Horowitz obtained a share in thousands of apartment units, reports say. Continue reading
From renters building equity to coworking space to easy moves across the country, we take a look at some of the possibilities for Flow after the WeWork co-founder pulled in a $350M check. Continue reading
The Series C funding round comes amid a spurt of aggressive growth from the company, which claims to have seen its membership increase 380 percent over the past year. Continue reading
Flow, the WeWork founder’s fledging startup, has received an investment of approximately $350 million from venture capital firm Andreessen Horowitz and has already earned a $1 billion valuation. Continue reading
At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering. Continue reading
The SPAC merger will reportedly value the combined company at $9 billion, far below the $47 billion it was valued at two years ago. Continue reading
As the COVID-19 pandemic causes cancellations to spike, WeWork CEO Sandeep Mathrani is pitching a revenue-sharing deal to the company’s largest landlords. Continue reading
The Japanese conglomerate has been rapidly losing faith in the co-working space company. Continue reading