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WeWork to test IPO investor appetite with widening losses

FILE PHOTO: The WeWork logo is displayed on the entrance of a co-working space in New York
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(Reuters) - WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month.The IPO, which could raise several billion dollars, will be a key test of investor appetite for fast-growing, money-losing start-ups, at a time when global..
Date Published: Aug 14, 2019
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