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Tower 535 HK

Wanchai Hotel Said Selling for $181M to Make Way for Co-Working Centre

Tower 535 HK

2017/10/08 by Mingtiandi Team Leave a Comment

A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend toward converting hospitality space into co-working centres, as yet another hotel in the centre city looks set for conversion into… Read More>>

A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend … Read more>>>

Mao Daqing

UrWork Vows to Fight WeWork for New York Co-Working Market

Mao Daqing

2017/09/30 by Michael Cole Leave a Comment

The battle for dominance in the global co-working market is heating up and for Beijing-based provider UrWork the contest with its US rival WeWork could be turning into a grudge match.

WeWork issued a statement on Friday seeming to claim… Read More>>

The battle for dominance in the global co-working market is heating up and for Beijing-based provider UrWork the contest … Read more>>>

Co-Working Startup Distrii Raises $30M in Jingrui, CDL-Led Series A Round

2017/09/28 by Greg Isaacson Leave a Comment

China’s burgeoning co-working sector just got another burst of cash, with Shanghai-based shared office startup Distrii closing on a RMB 200 million ($30 million) round of financing from a group of global investors.

Singapore’s City Developments Limited (CDL) and California-based… Read More>>

China's burgeoning co-working sector just got another burst of cash, with Shanghai-based shared office startup Distrii … Read more>>>

UrWork Partners with Fountown as Co-Working Race Heats Up

2017/09/26 by Greg Isaacson Leave a Comment

Chinese shared office giant UrWork has partnered with a Shanghai-based rival to accelerate its growth drive, as Asia’s co-working space race continues to ramp up. The $1.4 billion, Beijing-based firm announced Monday that it has inked a joint venture agreement… Read More>>

Chinese shared office giant UrWork has partnered with a Shanghai-based rival to accelerate its growth drive, as Asia's … Read more>>>

Regus Unit to Open 20-Storey Co-Working Tower in Hong Kong’s Sheung Wan

2017/09/19 by Greg Isaacson Leave a Comment

A new player has jumped into Hong Kong’s rapidly growing co-working sector, with Amsterdam-based Spaces leasing out an entire building in a prime area of the city’s Sheung Wan area to serve as a shared office venue. The deal marks… Read More>>

A new player has jumped into Hong Kong's rapidly growing co-working sector, with Amsterdam-based Spaces leasing out an … Read more>>>

Adam Neumann

WeWork Calls UrWork a Co-Working CopyCat in NY Lawsuit

Adam Neumann

2017/09/17 by Greg Isaacson Leave a Comment

Shared office giant WeWork is suing Beijing-based rival UrWork over its “confusingly similar name” as the Chinese company prepares to launch a new centre in WeWork’s home base of New York.

WeWork, the world’s largest co-working brand, filed the suit… Read More>>

Shared office giant WeWork is suing Beijing-based rival UrWork over its “confusingly similar name” as the Chinese … Read more>>>

IDG Capital Invests $15M in China Co-Working Startup Kr Space

2017/09/07 by Greg Isaacson Leave a Comment

China’s burgeoning shared office market has received another injection of cash with Beijing-based co-working startup Kr Space completing a new RMB 100 million ($15 million) investment led by existing backer IDG Capital Partners.

The new financing brings the total raised… Read More>>

China's burgeoning shared office market has received another injection of cash with Beijing-based co-working startup Kr … Read more>>>

Christian Lee WeWork

WeWork, Naked Hub Expand in Hong Kong’s Kowloon East

Christian Lee WeWork

2017/08/28 by Greg Isaacson Leave a Comment

WeWork, the New York-based shared office brand, is expanding its footprint in Hong Kong, on the heels of announcing $4.4 billion of new investment for its Asian growth drive.

The $17 billion firm has leased a full floor, covering nearly… Read More>>

WeWork, the New York-based shared office brand, is expanding its footprint in Hong Kong, on the heels of announcing $4.4 … Read more>>>

Adam Neumann WeWork

SoftBank, Vision Fund Pump $4.4B into WeWork for Asia Growth

Adam Neumann WeWork

2017/08/27 by Greg Isaacson Leave a Comment

New York-based WeWork is adding $3 billion to its war chest from Japan’s SoftBank Group and the SoftBank Vision Fund, as the world’s biggest co-working startup aims for dominance of the Asian market. The fresh infusion of capital comes on… Read More>>

New York-based WeWork is adding $3 billion to its war chest from Japan's SoftBank Group and the SoftBank Vision Fund, as … Read more>>>

Mao Daqing URWork

URWork Raises $30M from Kunming Developer, Plans 30K SQM Project

Mao Daqing URWork

2017/08/25 by Greg Isaacson Leave a Comment

URWork, the Beijing-based shared office unicorn, has flexed its fundraising muscles once again by completing a new funding round for RMB 200 million ($30 million) from KCC, a state-owned developer based in the city of Kunming.

The $1.3 billion startup… Read More>>

URWork, the Beijing-based shared office unicorn, has flexed its fundraising muscles once again by completing a new … Read more>>>

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