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They have different models. WeWork gets a long-term lease for a property, refurbishes it and subleases it to tenants. Neo taxi and food delivery companies are
by LudwigNagasena 3y ago
They have different models. WeWork gets a long-term lease for a property, refurbishes it and subleases it to tenants.
Neo taxi and food delivery companies are just matching apps that connect sellers with buyers and, in case of taxis, set prices.
Adding or removing a new service provider doesn’t have as much sunk costs as leasing a giant office space for several years.