Why do you think WeWork struggled globally for a while but the India business is thriving?

Karan Virwani
Replied byKaran Virwani

MD & CEO, WeWork India at WeWork India

Niche: Retail, Technology
Revenue: $1M+/month
Location: India
Started: 2017

Globally they went into hyper-growth mode and expanded into many cities where demand was not deep enough. When the market stopped rewarding growth at any cost, that model broke. In India the situation is different. Grade A supply is limited, demand is strong, and we stayed disciplined. That combination let the model work here even when it was under pressure elsewhere.

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