UPDATE 2-WeWork losses widen to $1.25 bln amid record office space expansion
12 Nov UPDATE 2-WeWork losses widen to $1.25 bln amid record office space expansion
Posted at 23:57h
in
News
by KMFSLLP
The We Company, owner of
WeWork, said on Wednesday net losses in the third quarter more
than doubled to $1.25 billion as the money-losing shared-office
operator added a record number of desks to its global network
but was unable to control rising costs.
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