The office operator backed by SoftBank saw significant international growth last year.
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.
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