WeWork to reportedly acquire Meetup

TwitterFacebook

WeWork’s global empire continues to expand.

The $20 billion coworking startup is reportedly set to acquire social networking service Meetup, according to Crunchbase.

Meetup CEO Scott Heiferman reportedly told employees about the acquisition on Monday, and mentioned a $30 million figure — but it’s not clear “if that was an acquisition price, or a reference to expected investment into his company from the acquiring entity,” according to Crunchbase

Mashable has reached out to WeWork and Meetup for comment. Read more…

More about Business, Acquisitions, Acquisition, Wework, and Meetups