As WeWork marches toward an IPO, the office-space company’s losses have continued to soar. For the first half of 2019, the company generated $1.54 billion in revenue and posted a net loss of $689.7 million, according to an IPO filing the company released Wednesday. The Wall Street Journal first reported on the filing. Despite the losses, the company has orchestrated the largest IPO debt deal ever, in a $6 billion transaction backed by several institutional […]
source https://therealdeal.com/national/2019/08/14/weworks-revenues-and-losses-soar-ahead-of-ipo-filing-shows/#new_tab
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