US bankruptcy will not hit WeWork business in India
India Business News: WeWork India's CEO, Karan Virwani, stated that the US-based co-working startup's bankruptcy filing will not affect WeWork India's business, as it oper
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India Business News: WeWork India's CEO, Karan Virwani, stated that the US-based co-working startup's bankruptcy filing will not affect WeWork India's business, as it oper
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The bankrutcy filing caps a tumultuous period that saw the once high-flying startup navigate a failed initial public offering, Covid-19 lockdowns, a blank-check merger and slow return-to-office trends.
The company was once valued at $47 billion, but revealed significant losses when it filed for an IPO in 2019.