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Masayoshi Son Softbank

SoftBank Cuts Planned $16B Investment in WeWork by 88%

Masayoshi Son Softbank

2019/01/08 by Jan Kot Leave a Comment

Tech investor Softbank has agreed to invest a fresh $2 billion in the shared space giant formerly known as WeWork, according to an announcement on Tuesday by the co-working pioneer.

The new investment represents around 12 percent of the $16… Read More>>

Tech investor Softbank has agreed to invest a fresh $2 billion in the shared space giant formerly known as WeWork, … Read more>>>

Evan Kleinberg WeWork

WeWork Turns to Revenue Sharing With Developers After Opening 123 Asian Centres

Evan Kleinberg WeWork

2019/01/02 by Jan Kot 2 Comments

After two years of operating and expanding its Asian operation to 123 centres in nine countries, New York-based co-working provider WeWork believes its brand power and client demand has prepared it to begin partnering with landlords to supply the region’s… Read More>>

After two years of operating and expanding its Asian operation to 123 centres in nine countries, New York-based … Read more>>>

Christian Lee WeWork-02

WeWork Launches Lan Kwai Fong Tower Location in Hong Kong’s Central

Christian Lee WeWork-02

2018/12/18 by Jan Kot Leave a Comment

The world’s most valuable co-working provider launched its WeWork LKF Tower on Tuesday in Hong Kong’s famed nightlife district, Lan Kwai Fong.

The $42 billion shared space startup’s latest centre is housed in the former Hotel LKF at 33 Wyndham… Read More>>

The world’s most valuable co-working provider launched its WeWork LKF Tower on Tuesday in Hong Kong’s famed nightlife … Read more>>>

Mark Chan R One Space

HK Co-Working Operator R One Space Heads to Kowloon East to Open 2nd Centre

Mark Chan R One Space

2018/12/08 by Emma Zhou Leave a Comment

Hong Kong’s shared office market grew even more crowded this past week, with local co-working provider R One Space traveling to Kowloon East on Wednesday to open the company’s second site in the city. The new centre follows on the… Read More>>

Hong Kong’s shared office market grew even more crowded this past week, with local co-working provider R One Space … Read more>>>

puma office hong kong

Two-Thirds of Multinationals Aim to Follow Flexible Office Trend

puma office hong kong

2018/12/06 by Vincent Morkri Leave a Comment

A survey of senior executives at global corporates has found an increasing willingness to enter into flexible work space arrangements as they move farther away from traditional leasing models for offices, embracing a trend started by digital nomads and hipster… Read More>>

A survey of senior executives at global corporates has found an increasing willingness to enter into flexible work space … Read more>>>

Mao Daqing Ucommune

Chinese Co-Working Unicorn Ucommune Raises $200M at $3B Valuation

Mao Daqing Ucommune

2018/11/15 by Jan Kot Leave a Comment

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>>

Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, … Read more>>>

Masayoshi Son Softbank

New $3B Softbank Investment Boosts WeWork Valuation to at Least $42B

Masayoshi Son Softbank

2018/11/15 by Emma Zhou Leave a Comment

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>>

American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has … Read more>>>

Suntec City Singapore

WeWork Opens Three More SG Locations Adding 2,500 Desks

Suntec City Singapore

2018/11/01 by Emma Zhou Leave a Comment

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>>

Global flexible workspace provider WeWork on Wednesday announced that it has opened three new locations in Singapore’s … Read more>>>

Mao daqing tb

Mainland Co-Working Heavyweight Ucommune Acquires Rival Fountown

Mao daqing tb

2018/10/18 by Jan Kot Leave a Comment

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>>

Chinese co-working giant Ucommune continued its 2018 expansion streak by fully acquiring its Shanghai-based rival … Read more>>>

alan ai wework

WeWork Opens in Kowloon East With Plans for 18 HK Centres

alan ai wework

2018/10/14 by Emma Zhou Leave a Comment

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>>

WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, … Read more>>>

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