WeWork’s primary business mission remains maintaining its heady growth rate, even as it continues to lose money, according to its latest quarterly financial results.

It’s a strategy that will soon be tested by investors, as the co-working company heads toward a potential initial public offering. And WeWork could face a lot of skepticism if the rocky market debut of Uber, another money-burning tech start-up, provides any guide.

WeWork said Wednesday that it had lost $264 million in the first three months of the year. While that was slightly less than the loss a year earlier, it reflects the company’s willingness to keep pouring money into its global expansion.

The growth can be seen in its total revenue, which was $728.3 million during the period, more than double the sales from the same quarter last year. Its locations also more than doubled, to 485, as did its memberships, to 466,000, from a year earlier.