Meetup is only one of a slew of new investments and purchases the $20 billion startup WeWork has made in recent months.
WeWork announced on Tuesday that it bought Meetup, a website for organizing group trips and events.
Terms of the deal weren’t announced, but Axios said the price was around $200 million.
Meetup is only one of a slew of new investments and purchases the $20 billion startup has made in recent months.
WeWork, the startup building a network of coworking offices and apartments, announced on Tuesday that it had bought Meetup, a service that makes it easy for groups to start regular meetings in real life.
The price for Meetup was around $200 million, Axios reported, although terms of the deal were not announced. Meetup had raised $18 million in venture funding from blue-chip firms including DFJ, Union Square Ventures, and Allen & Co.
Meetup runs a website that lets people create, organize and join groups around specific interests, usually for the sake of hosting events and inviting people to them.
Tech: $20 billion startup WeWork continues its shopping spree with $200 million for Meetup
