WeWork Projects $2.3 Billion in Revenues in 2018
The co-working real estate company doubled its membership and revenue in 2017, according to a blog post published Monday
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In the post, WeWork announced that having reached 200,000 members it has doubled the size of its membership in 2017. WeWork also said it expects to double both its membership and the number of its locations in 2018, reaching more than 400,000 members and operating 400 locations across 83 cities and 27 countries. WeWork launched its 200th location earlier this month.
Founded in 2010 by Israeli-born Adam Neumann and his partner Miguel Mckelvey, WeWork was valued at $20 billion after receiving a $4.4 billion investment from Softbank announced in August.
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