NEW YORK -- Two Chinese apartment rental startups are headed for a Wall Street initial public offering this year, despite heavy losses and brewing investor skepticism of the real estate middleman-model in the aftermath of WeWork's failed IPO.
Similar to WeWork, Phoenix Tree and Qingke are short on cash and long on leases
NEW YORK -- Two Chinese apartment rental startups are headed for a Wall Street initial public offering this year, despite heavy losses and brewing investor skepticism of the real estate middleman-model in the aftermath of WeWork's failed IPO.