A WeWork co-working space in Shanghai. Around one third of WeWork’s co-working spaces were vacant in October. Photo: Handout
Opinion
Opinion
The View
Why WeWork’s collapse could be a blessing in disguise for China’s co-working sector
- While the fallout from the turmoil at shared office provider WeWork has been severe in China, it will accelerate consolidation in the sector and prompt co-working providers to move towards corporate clients
A WeWork co-working space in Shanghai. Around one third of WeWork’s co-working spaces were vacant in October. Photo: Handout