Thursday, 14 June 2018

WeWork’s revenue doubled last quarter as occupancy rate climbs

WeWork’s revenue climbed 110 percent to $342 million last quarter, according to a staff email Thursday regarding the unicorn’s financial performance. The increase comes as the co-working startup’s occupancy rate is on the rise, Bloomberg reported. It rose to 82 percent at the end of the first quarter, up from 73 percent a year ago, the report said. The company expanded to 73 cities — from 40 a year ago — and more than doubled […]



source http://therealdeal.com/chicago/2018/06/14/weworks-revenue-doubled-last-quarter-as-occupancy-rate-climbs/#new_tab

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