UPDATE 2-WeWork reports slower cash burn in first quarter – CFO email
The We Company, owner of WeWork, said on
Thursday that for the first time quarterly revenue surpassed $1
billion and cash burn improved 60% sequentially, but the
money-losing shared office operator did not mention
profitability in an email to employees that was reviewed by
Reuters.
Thursday that for the first time quarterly revenue surpassed $1
billion and cash burn improved 60% sequentially, but the
money-losing shared office operator did not mention
profitability in an email to employees that was reviewed by
Reuters.
Posted by Reuters
