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WeWork offices on Harcourt Street, Dublin. Image: The We Company |
World’s largest physical network is raising cash to keep expanding.
The We Company, also known as WeWork and which operates a number of properties in Dublin, has confirmed that it confidentially filed for an IPO with the Securities and Exchange Commission under the ‘WeWork’ symbol back in December.
For a company that has reportedly been making revenues of $1.8bn but also has racked up losses of $1.9bn snapping up properties and refitting them in key locations in cities across the world, an IPO might make actual sense.
By John Kennedy.
Full story at Silicon Republic.
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