Weberk stock market reported a loss of 2 2 billion before the inauguration

 

Office-sharing startup posted a quarterly loss of 2.0 2.06bn (£ 1.45bn) after being hit hard by Weaver Covid-19.

The announcement came as Weberk was preparing to make its debut on the stock market.

The company's first public attempt collapsed in 2012 after concerns were raised about its business model and co-founder Adam Newman's leadership style.

Since Mr. Newman's departure, the company has gone through a major step that has significantly cut job cuts and stopped selling businesses.

The Webark office firm is valued at 9 billion

Weberk has filed a lawsuit against Softbank following the withdrawal of its 3 billion contract

World Work Work has 2,400 staff

The impact of the epidemic on business was particularly strong as social distance rules increased among people who worked from home, and workers avoided shared office spaces because of concerns about infection.

Webark, backed by Japanese technology giant Softbank, said its first-quarter revenue had nearly halved to $ 598 million from a year earlier.

But the agency says people are now returning to its offices as coronavirus restrictions have eased.

Its professional rate has increased to 50% compared to the recent quarter, compared to 47% in the previous three months.

The company also said it expects to increase changes in work habits in the form of short-term leases.