Will WeWork’s woes affect Hong Kong’s overbuilt co-working sector?

  • WeWork’s rapid expansion in Hong Kong does not mask the fact that the company, which received a US$9.5 billion lifeline from SoftBank, is yet to post a profit
  • Market observers believe the current business model is not sustainable and the industry will see consolidation in the next 12 to 24 months

Topic |   WeWork
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