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liu chengcheng Kr Space

Kr Space Surrenders Times Square Location in Final Retreat From Hong Kong 

2019/11/28 by Jan Kot Leave a Comment

Kr Space has surrendered its lease in Hong Kong’s Times Square, bringing to a close the mainland co-working startup’s  ill-fated venture into the Asian financial hub, according to industry sources who spoke with Mingtiandi.

The Beijing-based operator, which completed a… Read More>>

masa son tb

WeWork Losses More Than Doubled to Reach $1.25B in Third Quarter

2019/11/14 by Michael Cole Leave a Comment

Adding to the pain of the We Company’s IPO fail in September, the parent firm of shared workspace provider WeWork revealed in an investor presentation this week that its losses reached $1.25 billion in the third quarter of this year.

… Read More>>

Christian-Lee WeWork

WeWork Said Looking for Exit From Half-Dozen Hong Kong Centres

2019/11/07 by James Hatton Leave a Comment

WeWork has backed out of an agreement to occupy space in Hong Kong’s Hopewell Centre even before it got a chance to move in, according to sources familiar with the decision who spoke with Mingtiandi.

The troubled co-working pioneer is… Read More>>

Mao Daqing Ucommune

Ucommune Said to File for US IPO in Wake of WeWork Debacle

2019/10/29 by Jan Kot Leave a Comment

Mainland co-working operator Ucommune is said to have filed for an initial public offering with the US securities regulator and is targeting a public listing before the end of the year, according to media reports.

The Beijing-based shared office unicorn,… Read More>>

Adam-Neumann

Softbank Bails Out WeWork, Neumann at $7B Valuation

2019/10/23 by Michael Cole Leave a Comment

WeWork has proven to be a game-changing business – at least for deposed CEO Adam Neumann.

Under the terms of a bailout package put together by Softbank, the WeWork founder will be receiving around $1.7 billion in compensation in return… Read More>>

masayoshi son

Softbank in Talks to Take Control of WeWork in Bailout

2019/10/14 by Michael Cole Leave a Comment

Weeks after the failure of what had been expected to one of 2019’s biggest initial public offerings, WeWork is reported to be scrambling for a multi-billion dollar bailout package as media reports indicate the office sharing giant could run out… Read More>>

sebastian gunningham

WeWork Formally Cancels IPO as Layoffs, Cost Cuts Loom

2019/10/01 by Michael Cole Leave a Comment

WeWork’s planned IPO won’t work, appears to be the decision of the shared office giant’s new leadership, which announced late Monday that the We Company was withdrawing its application for an initial public offering.

“We have decided to postpone our… Read More>>

co-working

Poll: WeWork and the Future of Co-Working A Mingtiandi survey

2019/09/17 by Chanapa Leave a Comment

News reports this week indicate that the We Company, the parent of co-working giant WeWork has postponed its planned IPO until at least next month.

The following survey seeks the opinions of Mingtiandi readers on the prospects for the We… Read More>>

adam neumann-tb

WeWork Valuation Said to Sink to $10B as IPO Roadshow Kicks Off

2019/09/14 by Michael Cole Leave a Comment

The owners of WeWork have decided to push forward with an IPO roadshow starting this coming week, according to media reports, but that sale may be at a valuation as much as 79 percent below what shares in the company… Read More>>

Shared Office Space Secrets of Success Sponsored Feature

2019/08/20 by Platform Sponsor Leave a Comment

The ‘rough and ready’ coworking space is making way for a premium product underpinned by smart space design, superior amenities and state-of-the-art technology, according to Yardi’s vice president of International, Neal Gemassmer.

“What began as a small percentage of… Read More>>

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