WeWork Posts $264 Million Quarterly Loss, as It Expands Globally

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WeWork Posts $264 Million Quarterly Loss, as It Expands GloballyThe New York company, one of the country’s most valuable startups, is preparing to test public investors’ appetite for another tech-infused, cash-burning business after the disappointing debut of Uber Technologies Inc. In the new report, WeWork redefined one of the metrics it uses to show stability. WeWork expanded the group to include companies with 500 or more employees that pay for access to a WeWork, accounting for 40 percent of members.

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