that the revenue and losses would both continue to grow, with losses stemming from construction and long-term rental contract costs.
International growth buoyed the company's bottom line, accounting for more than 40% of revenue by the second half of 2018, up from just 28% in the first quarter of 2017. . The company also reported a $2.2 billion"revenue backlog" of contracts signed, largely driven by these enterprise-level agreements.WeWork ended the year with $2.2 billion in cash.
And where the petition and capacity identification through authorization and trading Ownership of community assistance and the realization of the life of the time factor and the return requests and the identification of integrated support scope of extract measurements
Weird how a business model based on short-term rents might fail...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WeWork’s Annual Loss Doubles to Nearly $2 Billion Amid Rapid ExpansionWeWork said its loss last year doubled to nearly $2 billion, as the nine-year-old company spent heavily in an effort to rapidly expand its network of shared offices around the world. Might need a Vision Fund 3
Source: WSJ - 🏆 98. / 63 Read more »
Huawei leads Asian domination of U.N. patent applications in 2018Chinese telecoms giant Huawei led the pack with Asia accounting for more than ha... Dumping hardware and trolling patents China patent system is first to file, btw
Source: Reuters - 🏆 2. / 97 Read more »
GOP redistricting edge moderated Democrats' 2018 gains, analysis findsThe AP's analysis indicates that Republicans won about 16 more U.S. House seats than would have been expected. You misspelled gerrymandering. In other words, the GOP cheated....as always 🙄 Can’t just say the GOP won. Always has to be some b-s.
Source: NBCNews - 🏆 10. / 86 Read more »
AMD CEO Su's pay rose 19% in 2018, two board members not up for re-electionAdvanced Micro Devices Inc. said late Thursday that its chief executive got a substantial rise in compensation in 2018 and that two board member are not up...
Source: MarketWatch - 🏆 3. / 97 Read more »
Domestic box office reached a record high for 2018, according to reportThe domestic box office reached a record high in 2018, with $11.9 billion in tickets sold in the U.S. and Canada, up 7% from the previous year. But overseas, box-office receipts were less stellar, declining 1% to $29.2 billion, according to a new report. bc we have done a great job getting the rest of the world to hate us- why would they wanna see our movies? Good. Keep it up! Beautiful art! ❤️ A movie without movie theater as table ice hockey.
Source: latimes - 🏆 11. / 82 Read more »
AP: GOP redistricting edge moderated Democrats' 2018 gainsJEFFERSON CITY, Mo. (AP) — Democrats won more votes, regained control of the U.S. House and flipped hundreds of seats in state legislatures during the 2018 elections. It was, by most accounts, a... RedrawtheMaps Thank god, to keep the country sane This I TOTALLY believe.
Source: AP - 🏆 728. / 51 Read more »
Credit Suisse CEO Thiam hauls in 12.7 million Sfr 2018 pay packageCredit Suisse Chief Executive Tidjane Thiam was awarded 12.65 million Swiss fran... hard,smart work =$$$$$$ That’s insane
Source: Reuters - 🏆 2. / 97 Read more »
China birth rates fall in several regions in 2018: China DailyChina's birth rate in several regions, including the capital Beijing, fell ... That's not good for China. Birth rates are very important for maintaining a stable society, for more workers, for continuing tradition... Meanwhile 1,000,000 Uighur people are reportedly locked in concentration camps.
Source: Reuters - 🏆 2. / 97 Read more »
AP: Political map-making helped GOP stem losses in 2018AP used the 'efficiency gap' analysis on 2018 election data and found Republicans won about 16 more U.S. House seats than would have been expected based on their average share of votes in congressional districts. Read more: So they cheated. Go figure. So watch out in 2020 National VOTER ID will solve ANY issues you have, right? Trump is with you on this.
Source: AP - 🏆 728. / 51 Read more »
The Highest-Earning Hedge Fund Managers And TradersThe 20 highest-earning hedge fund managers and traders made $10.3 billion combined in 2018. That's a big number, but it is still the lowest such combined earnings figure since the financial crisis. And no one but them can transact for it. That's criminal collusion and a conspiracy is on the way. Better keep an eye that I can't even WISH IN MY OWN FUCKING HEAD that I would want to have that money, from you, with permission, if I want it, when I do, that I do, because MUCHO$$ What did their clients make if anything? The only people who get rich on Wall Street are the traders its crass!!!
Source: Forbes - 🏆 394. / 53 Read more »