By David Parsley2018-08-10T07:33:00
WeWork, the coworking giant, has released its first set of financial results showing second-quarter sales more than doubled from a year earlier, but that losses rocketed more than four-fold.
The privately held firm, which has long been rumoured to seek an IPO in the near future, said total revenue rose to $421.6m (£330m) from $198.3m in the year-ago quarter as memberships jumped to 268,000 at the end of June from 128,000 a year earlier.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.