Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, … Read more>>
Mainland China Flexible Office
Mainland Co-Working Heavyweight Ucommune Acquires Rival Fountown...
Chinese co-working giant Ucommune continued its 2018 expansion streak by fully acquiring its Shanghai-based rival … Read more>>
SE Asia Flexible Office
Singapore Flexible Office Leases Jumped 44% in 2017...
Flexible office providers grew their footprints in Singapore by 680,000 square feet in 2017, jumping 44 percent from the … Read more>>
Hong Kong Flexible Office
WeWork Opens in Kowloon East With Plans for 18 HK Centres...
WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, general manager of WeWork Greater … Read more>>
Spaces Opens Kowloon East Centre as Second New HK Venue in 30 Days...
The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted its second new venue in the … Read more>>
Chinese Co-Working Unicorn Ucommune Raises $200M at $3B Valuation
Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, bringing in $200 million to further accelerate the expansion of its global footprint, according to a company statement.
The deal, described as… Read More>>
New $3B Softbank Investment Boosts WeWork Valuation to at Least $42B
American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has committed another $3 billion to the company, boosting its valuation to at least $42 billion.
Softbank is investing in WeWork through a warrant that allows… Read More>>
WeWork Opens Three More SG Locations Adding 2,500 Desks
Global flexible workspace provider WeWork on Wednesday announced that it has opened three new locations in Singapore’s city centre. The trio of new flexible office facilities brings the $20 billion space providers number of centres in the city-state to a… Read More>>
Mainland Co-Working Heavyweight Ucommune Acquires Rival Fountown
Chinese co-working giant Ucommune continued its 2018 expansion streak by fully acquiring its Shanghai-based rival Fountown, adding 26 locations in Beijing and Shanghai to its mainland portfolio.
“I’m positive about the future growth outlook of the co-working economy in China… Read More>>
WeWork Opens in Kowloon East With Plans for 18 HK Centres
WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, general manager of WeWork Greater China, said at the opening ceremony of the flexible office provider’s first… Read More>>
Softbank Said in Talks to Invest Up to $20B for Control of WeWork
Superinvestor Masayoshi Son’s SoftBank is in talks with WeWork to invest $15 billion to $20 billion in the co-working pioneer, according to sources familiar with the discussions cited in a Wall Street Journal report on Wednesday.
The US shared office… Read More>>
Singapore Flexible Office Leases Jumped 44% in 2017
Flexible office providers grew their footprints in Singapore by 680,000 square feet in 2017, jumping 44 percent from the previous year, according to a new report from Colliers International. Asia is the fastest-growing market for flexible office space, but as… Read More>>
Spaces Opens Kowloon East Centre as Second New HK Venue in 30 Days
The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted its second new venue in the city within the last month.
The 37,500 square foot (3,483 square metre) Spaces Wai Yip… Read More>>
Pamfleet Pulls in Campfire to Fill Newly-Purchased Kowloon Retail Space
Plans by Hong Kong shared space provider Campfire to add a combined, kindergarten, shared office and food centre in the Whampoa section of Kowloon city to its existing set of five co-working centres on Hong Kong island were revealed in… Read More>>
Chinese Co-Working Unicorn Ucommune Raises $43.5M at $1.8B Valuation
Chinese co-working startup Ucommune announced this week that it has raised RMB 300 million ($43.5 million) in its latest blow in the battle for Asia co-working hegemony.
This new round of funding gives Ucommune a valuation of $1.8 billion and… Read More>>
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