WeWork, the global chain of co-working spaces that was once valued at $47 billion, filed for Chapter 11 bankruptcy protection in the U.S. this month after seeing its stock price plunge by more than 98 percent this year.
Tag: WeWork
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WEWORK, DON’T WORK: ONCE VALUED AT $47 BILLION, POISED TO COLLAPSE
WeWork, which assembled a billion-dollar global empire of coworking spaces during the ‘teens, said in an 8 August statement that “substantial doubt exists about the company’s ability to continue as a going concern.”
