From the New York website: WeWork is looking to become WeWorld — if not in name, in practice.
To date, the office-sharing firm has 51 locations in the U.S. — 22 of them in New York — and only 12 abroad.
But that U.S. focus is about to change.
The company — which has four locations in Israel, where co-founder Adam Neumann grew up, six in London and two in Amsterdam — is planning to open in Berlin and then Shanghai, sources told The Real Deal last month. And that is just the beginning.
“They want to become like LinkedIn, and having a global map of locations elevates the scale of its value proposition,” said Patrick McGrath, a senior managing director at Savills Studley who follows WeWork closely. [more]