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WeWork to open first of 4 Tokyo locations on February 1

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Photo credit: WeWork

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WeWork, the co-working space company from the US, is launching its first of four imminent locations in Japan on February 1, a spokesperson told Tech in Asia.

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The US$20 billion startup is making a grand entrance into Japan, with three more Tokyo locations opening soon after Roppongi’s Ark Hills South space. The three others are in Ginza, Shinbashi, and Marunouchi Kitaguchi.

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Prices start at US$490 per month for a seat – aka a “hot desk” – to US$1,145 per month for a private office.

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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.

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Photo credit: WeWork

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One of many such startups running casual office facilities around the world, WeWork first hit Asia in mid-2016 when it appeared in Shanghai.

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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.

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Converted from Japanese yen. Rate: US$1 = JPY 112.55.

nWatch: WeWork’s Southeast Asia ambitionsnn

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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.

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Posted by Tech in Asia on Tuesday, 19 December 2017

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