I decided to go check this company out. This article is claiming that We Work may have $1 BILLION in revenue currently with 110 locations worldwide:
https://www.cnbc.com/2017/07/11/wew...ound-at-20-billion-valuation-report-says.html
How is that even possible? How can a startup come out of nowhere in a competitive and well developed space like temporary offices and generate one billion of revenue?
I had thought it might make sense for them to buy SRV, but now I am thinking I just don't understand what WeWork does.
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Last
$5.55 |
Change
-0.050(0.89%) |
Mkt cap ! $548.9M | |||
| Open | High | Low | Value | Volume |
| $5.60 | $5.62 | $5.54 | $132.1K | 23.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13999 | $5.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.69 | 4500 | 2 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| SRV (ASX) Chart |