Spacious: The We Company acquires a rival office-space provider, continues to hemorrhage money

Earlier this week, The We Company, through its subsidiary WeWork, announced the acquisition of rival impromptu office-space provider, Spacious. Spacious partners with landlords to use their underused real estate, creating a network of drop-in workspaces out of underused urban spaces like retail stores and empty restaurants in cities like New York, where the rent is [...]