Wework Buys Meetup (HIGH-QUALITY ◉)

The acquisition was part of WeWork's effort to expand into a broader lifestyle and community platform rather than just a co-working space provider .

WeWork sold Meetup to and other investors at a "substantial loss" following WeWork's failed IPO attempt . January 2024 New Ownership wework buys meetup

WeWork officially acquired Meetup in November 2017 for approximately . While the specific financial terms were not officially disclosed at the time, reports from Axios and other outlets valued the deal at roughly $200 million . Strategic Rationale The acquisition was part of WeWork's effort to

, a Milan-based app developer, acquired Meetup . Key Takeaways a Milan-based app developer