Flexible workspace has emerged as a growing trend across the Asia-Pacific region, with WeWork China receiving over 1.2 billion U.S. dollars’ worth of funding as of 2022. Another Chinese operator Ucommune fell behind WeWork China with a total funding of 770.87 million dollars during the same year.
Flexible workspaces have seen a dramatic growth throughout the entire world from 2005 onwards. Asia Pacific has certainly identified itself globally as having displayed a strong enthusiasm for flexible office space and exhibited the highest number of flexible workspaces worldwide in 2019. The temporary workspace environment suits the Asia Pacific business market perfectly, as these workspaces are often cheaper than traditional offices and fit the uncertain nature of startups which are prevalent across the region.
Major flexible workspace operators in the Asia-Pacific region in 2022, by total funding amount
(in million U.S. dollars)
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CrunchBase. (March 28, 2022). Major flexible workspace operators in the Asia-Pacific region in 2022, by total funding amount (in million U.S. dollars) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/1018999/apac-major-flexible-workspace-providers-by-funding/
CrunchBase. "Major flexible workspace operators in the Asia-Pacific region in 2022, by total funding amount (in million U.S. dollars)." Chart. March 28, 2022. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/1018999/apac-major-flexible-workspace-providers-by-funding/
CrunchBase. (2022). Major flexible workspace operators in the Asia-Pacific region in 2022, by total funding amount (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/1018999/apac-major-flexible-workspace-providers-by-funding/
CrunchBase. "Major Flexible Workspace Operators in The Asia-pacific Region in 2022, by Total Funding Amount (in Million U.S. Dollars)." Statista, Statista Inc., 28 Mar 2022, https://www.statista.com/statistics/1018999/apac-major-flexible-workspace-providers-by-funding/
CrunchBase, Major flexible workspace operators in the Asia-Pacific region in 2022, by total funding amount (in million U.S. dollars) Statista, https://www.statista.com/statistics/1018999/apac-major-flexible-workspace-providers-by-funding/ (last visited December 07, 2024)
Major flexible workspace operators in the Asia-Pacific region in 2022, by total funding amount (in million U.S. dollars) [Graph], CrunchBase, March 28, 2022. [Online]. Available: https://www.statista.com/statistics/1018999/apac-major-flexible-workspace-providers-by-funding/