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We may revisit IPO plans after turning profitable in 2021: WeWork CEO
short by Hiral Goyal / on Thursday, 29 October, 2020
WeWork CEO Sandeep Mathrani said that the company may revisit its initial public offering (IPO) plans once it hits the target to become profitable by 2021. "I'm a big believer in one step at a time so let's hit profitable growth first," Mathrani added. WeWork had withdrawn its $47-billion IPO in September 2019 after its valuation plummeted to $8-billion.
read more at BloombergQuint