WeWork, the co-working space company from the US, is launching its first of four imminent locations in Japan on February 1, a spokesperson tells Tech in Asia.
The US$20 billion startup is making a grand entrance into Japan, with three more Tokyo locations opening soon after the Roppongi’s Ark Hills South space. The three others are in Ginza, Shinbashi, and Marunouchi Kitaguchi.
Prices start at US$490 per month for a seat – aka: a “hot desk” – to US$1,145 per month for a private office.
The announcement comes five months after WeWork pocketed US$4.4 billion from Japan’s Softbank. WeWork has already indicated it eventually wants to open 10 to 20 locations in central Tokyo.
One of many such startups running casual office facilities around the world, WeWork first hit Asia mid-2016 when it appeared in Shanghai.
If WeWork’s Tokyo locations are anything like the one opened last month in Singapore, they’ll soon be filled by a mix of budding entrepreneurs, fast-growing startups, medium-sized business, and even major corporations.
Converted from Japanese yen. Rate: US$1 = JPY 112.55.
Watch: WeWork’s Southeast Asia ambitions
Inside WeWork’s first Singapore spaceWe spoke with WeWork’s Southeast Asia MD “T” at WeWork Singapore’s first location to understand more about the co-working giant’s ambitions and plans in the country and region.
Posted by Tech in Asia on Tuesday, 19 December 2017
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