A WeWork co-working space in Gurugram, India. Ruhani Kaur/© 2019 Bloomberg Finance LPThe We Company, the workplace startup formerly known as WeWork, said on Monday that in December it had confidentially filed to go public. In 2017, Forbes reported that WeWork was one of the most valuable startups in America, worth an estimated $45 billion. It relied heavily on outside investments to stay afloat in some of the most crowded and expensive real estate markets in the world. The company reported $1.8 billion in revenue in 2018, twice that of the previous year, but it reported a loss of $1.9 billion.

Source: Forbes April 30, 2019 01:30 UTC