Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Why WeWork failed in US but found success in India
short by Abhishek | GrowthX / on Tuesday, 5 November, 2024
While WeWork USA went bankrupt due to rapid expansion and costly long-term leases, WeWork India is making over ₹1,300 crore in revenue. By focusing only on high-demand cities like Bengaluru and Mumbai, they maintained occupancy rates of 82-87%. They also used revenue-sharing deals with landlords, sharing profits and losses, keeping costs down and profits steady.
read more at Youtube