Deals
WeWork Readies Expansion to South America
The co-working startup plans to open a space in Buenos Aires in May, with more expected in Rio de Janeiro and elsewhere.
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WeWork Cos., the world’s largest co-working startup, is preparing to enter Argentina and Brazil while scouting potential sites in nearby countries as part of an expansion in Latin America.
The New York-based shared-office startup, which was most recently valued at $16 billion, plans to open two locations in Sao Paulo in June, as well as at least one in Rio de Janeiro by the end of the year, according to Pato Fuks, the company’s regional general manager for Latin America.