Advertisements US office-sharing company WeWork is selling its 27 per cent stake in its Indian operations to new investors. The deal also involves the Bengaluru-based property developer Embassy group reducing its stake from 73 per cent to 60 per cent…. Read More ›
Advertisements The Indian subsidiary of global coworking giant WeWork has announced that they have become profitable for the first in the January-March quarter of this year. The company entered India in mid-2017. CEO Karan Virwani said that the company had booked Rs. 250 crore in… Read More ›
Advertisements Coworking major WeWork India’s revenue rose by 33 per cent to over Rs 800 crore this year and is expected to grow further in 2022 on improved demand for its flexible workspaces, a company official said. In an interview… Read More ›
Advertisements Office-sharing firm WeWork Inc (WE.N) on Monday reported a smaller loss in its first quarterly result since going public last month, as a rebound in demand for office space due to easing COVID-19 related restrictions helped boost occupancy. WeWork said occupancy… Read More ›
Advertisements Real estate services company Cushman & Wakefield said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchange following a merger with a blank-check company. The… Read More ›
Advertisements Coupled with WeWork’s community, WeWork Labs, a center for early-stage startups, has been meticulously working towards its mission of providing its members the necessary resources to grow their business – from access to a global community and marquee investors… Read More ›
