GITNUX MARKETDATA REPORT 2024

Must-Know Wework Statistics [Recent Analysis]

Statistic 1

"WeWork’s parent organization, We Company, was last valued at $47 billion."

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Statistic 2

"WeWork reported a net loss of $1.9 billion in 2018."

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Statistic 3

"WeWork was in arrears of $18.7 billion in 2019 by year-end."

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Statistic 4

"In late 2019, Softbank invested around $1.5 billion into WeWork after the company’s failed IPO."

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Statistic 5

"WeWork has over 800 office locations in 32 countries."

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Statistic 6

"As of late 2019, WeWork had 662,000+ members."

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Statistic 7

"WeWork announced it had 813,000+ desks for rent globally as of late 2019."

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Statistic 8

"In January 2021, WeWork disclosed that the occupancy rate of its workspace was only 47%."

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Statistic 9

"WeWork’s revenue fell to $811 million in the second quarter of 2020."

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Statistic 10

"In 2019, the average length of a WeWork location lease was 15 years."

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Statistic 11

"WeWork’s annual revenue per member was $6,928 in 2019."

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Statistic 12

"WeWork reached $1.8 billion in revenue in 2018, doubling its 2017 revenue."

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Statistic 13

"As of 2019, WeWork had around 12,500 employees."

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Statistic 14

"WeWork dedicated $1.4 billion to capital expenses in 2018."

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Statistic 15

"In 2018, almost 30% of WeWork’s revenue came from international markets."

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Statistic 16

"WeWork opened its first location outside the United States, in London, in 2014."

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Statistic 17

"WeWork had approximately 466,000 members worldwide in 2018."

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Statistic 18

"In 2019, WeWork surpassed JP Morgan as the largest office tenant in London, with 3.4 million square feet of office space."

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Statistic 19

"WeWork’s enterprise customers made up 40% of their total memberships in 2019."

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