Company
WeWork Inc
NYSE:WE
WeWork Inc is a global flexible space provider. After agreeing a merger with BowX Acquisition Corp, a special purpose acquisition company, and listed in October 2021. WeWork opened its first location in New York City in 2010 and at the time of listing had more than 850 locations in over 150 cities around the world.
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Investments and investor services
Ousted WeWork founder nets $350mln funding round from Andreessen Horowitz
Adam Neumann’s new venture Flow aims to ‘create a system where renters receive the benefits of owners’
WeWork Inc continues to lose money with net loss and negative EBITDA, but narrows gap
Reaffirms full year 2022 revenue guidance to US$3.4-$3.5bn and adjusted EBITDA of negative US$400-$475mln
WeWork founder's new climate tech venture Flowcarbon raises US$70mln
Flowcarbon was not the only blockchain-based climate-related fintech story this week, with Hong Kong-based Allinfra revealing it has raised US$6mln from Nomura and other investors