WeWork office start up valued at $9bn in share-listing plan

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The valuation marks a sharp decline for the once-hyped office sharing start-up. …

After shelving its listing plans, WeWork trimmed back its business, closing roughly 100 locations and pulling out of some of the more tangential ventures – such as a wave pool maker – to which Mr Neumann had committed the company. It now employs one third of the staff it did in September 2019.

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