Toronto is one of WeWork's fastest growing markets. Mr. Damji said he initially had concerns about WeWork because its valuation had grown “very, very quickly.” It opened two co-working locations last year with plans for a third in the autumn and a fourth early next year. The company has also expanded into other parts of North America, including New York City, where it now operates three offices on Madison Avenue. New York-based WeWork has more than 300 locations in at least 20 countries and is worth about $20bn.
Toronto is one of WeWork's fastest growing markets. It opened two co-working locations last year with plans for a third in the autumn and a fourth early next year. The company has also expanded into other parts of North America, including New York City, where it now operates three offices on Madison Avenue. New York-based WeWork has more than 300 locations in at least 20 countries and is worth about $20bn.