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Companies

SoftBank-backed WeWork to go public

Money-losing shared-office provider joins pool of tech startups preparing IPO

NEW YORK -- WeWork, the workspace rental company heavily backed by Japan's SoftBank Group, said Monday that it has filed paperwork toward an initial public offering.

The money-losing New York-based company -- which recently renamed itself The We Company to pursue avenues beyond office-sharing -- will join a pool of technology startups going public or seeking to this year, including Lyft, Zoom, Uber and Slack.

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