WeWork’s Expansion To Cityplaza Three In Tai Koo To Herald Accelerating Business Growth In Hong Kong And Greater China

  • Launch of third location in Hong Kong caters to the evolving needs of businesses of all sizes as they look to drive productivity, creativity and collaboration

  • Expanded footprint in Hong Kong and upcoming launch in Shenzhen in September will support the growth of innovative enterprises in the Guangdong-Hong Kong-Macau Bay Area while contributing to the region’s economic development

  • New location features intelligent designs including the first internal staircase and game lounge in Hong Kong’s WeWork locations, inspiring connection and innovation in the community

Hong Kong, August 3, 2018 – WeWork today officially launched its third location in Hong Kong, WeWork Cityplaza Three in Tai Koo, a testament to the company’s commitment to the Hong Kong market and its efforts in humanizing the future of work for businesses of all sizes. With the new location offering a vibrant and dynamic environment for creators, entrepreneurs, freelancers, startups, small and medium-sized enterprises (SMEs) to large corporations, WeWork is setting the stage for them to connect, innovate and thrive from its global community.

“As WeWork gains greater momentum in Greater China, the opening of WeWork Cityplaza Three signifies our continuous acceleration in the Hong Kong market. With the new collaborative space designed to meet the changing needs of businesses of all sizes in today’s future of work, collaboration, productivity, flexibility and meaning are key in a more effective workforce. Through intelligent design, smart technology and outstanding hospitality, WeWork is at the forefront of revolutionizing the workplace,” said Alan Ai, General Manager, WeWork Greater China, at the opening ceremony of WeWork Cityplaza Three.

Extended footprint in Hong Kong and South China serves to empower local innovators and global enterprises

In 2016, WeWork entered the Greater China market with the opening of its first location in Shanghai and extended its footprint to Hong Kong in September 2016. WeWork currently has 40 locations in Beijing, Shanghai and Hong Kong, providing 20,000 members with the community, culture and services that propelling them for success.

Looking ahead, WeWork will extend its presence in Greater China by expanding to new cities, including Chengdu and Shenzhen in September, Hangzhou in October, and opening LKF Tower in Central, Hong Kong by 2018. In addition, by the end of 2018 or early 2019, WeWork will also be expanding into Wuhan and Guangzhou and continue its growth to cities such as Nanjing, and Xi’an etc in 2019. WeWork’s expansion in Hong Kong and Shenzhen attests to the company’s dedication to meeting and facilitating the exciting opportunities arising from the Guangdong-Hong Kong-Macau Bay Area initiative.

Alan Ai, General Manager, WeWork Greater China added, “The Guangdong-Hong Kong-Macau Bay Area is set to be a fast-growing market for not only multinational enterprises, but also SMEs and entrepreneurs. Empowered by WeWork’s global community, we are confident of supporting more local creators to scale-up while serving as a springboard for international companies as they look to rapidly develop their businesses in the Bay Area. By creating synergies in the region, we look forward to partnering closely with the government and local partners to boost deeper business collaboration and contribute to economic prosperity in the region.”

Invest Hong Kong’s Associate Director-General of Investment Promotion, Dr Jimmy Chiang congratulates the expansion of WeWork in Hong Kong as part of the Great Bay Area strategy and he said, “This expansion of WeWork is a wise move under the rapid development of the Greater Bay area as there are tremendous unprecedented business opportunities lying ahead. This is the most opportune time for investors to come and leverage Hong Kong’s advantages to excel business growth arising from these highly valuable chances.”

Beautiful, intelligent and practical design to spark creativity and interaction

Spanning four floors and comprising of more than 1,000 desks, the WeWork Cityplaza Three space is curated to bring to life the company’s missions in creating a diverse community that connects like-minded creators. Being a key driving force in infusing design and innovation, WeWork has always been grounded by its core of being efficient and smart about designing the space while shaping transformations of the way we live, work and play.

Located in the heart of Tai Koo, an accessible commercial area in the Eastern District of Hong Kong, WeWork Cityplaza Three is flanked by a diverse mix of high-rise commercial and residential buildings, as well as retail and F&B outlets. The new location occupies the 19th to 22nd floors of a Grade A office building that offers stunning panoramic views over the Victoria Harbour and the greenery of Quarry Bay Park.

Tasked with an expansive harbour view and initially challenged by the irregular floor plan shape, the WeWork in-house design team created its spin by developing its main design concept to reflect the idea of “be like water,” the famous quote by Hong Kong’s martial arts master Bruce Lee. With water existing in any forms, this expresses the concept of flexibility and symbolizes the strength and adaptive character of the Hong Kong people. By bringing the concept to life through customized art pieces and installations throughout the space, this takes on a modern interpretation of traditional Hong Kong elements and scenes of what uniquely makes up Hongkongers that are expressed through authentic Hong Kong tiles, neon lights, trams that are affectionately called “Ding Ding” by locals, iced lemon tea, tons of stairsteps and Cantonese dim sums to name a few.

To inspire connection and cooperation, WeWork Cityplaza Three is filled with natural light and colourful design while embracing vibrant colours that infuse fun, happiness and joy into the collaborative space. First of its kind in WeWork locations in Hong Kong, the connecting staircase stands out in striking yellow, and red and blue that extends across the top two floors to encourage further interaction amongst the community. Another iconic feature is the game lounge, where members can relax and interact. The neon light backdrop behind the table tennis table also weaved in Chinese characters that imitate the sound of the fast speeds of a ping pong game, reflecting the community’s energy and passion.

In addition to the aesthetically designed communal space, WeWork Cityplaza Three offers functional private offices and conference rooms in different sizes, which caters to the needs of brainstorming, team training, networking and other occasions.

A home to local and international innovators

Situated in a dynamic commercial hub for creative, professional services and information technology industries, WeWork Cityplaza Three offers an ideal platform for creators, entrepreneurs, SMEs and large corporations to grow and thrive by leveraging WeWork’s global community.

WeWork Cityplaza Three will be home to businesses of different sizes from a wide range of sectors, including Hong Kong-founded event and live experience company Filament, Singapore Fintech startup GoBear, United Kingdom-headquartered motor retailers and fleet providers’ dealer management software company, Pinewood Technologies Asia Pacific Ltd. and Hong Kong design brand WEMUG & Lifestyle Ltd.

In particular, Pinewood Technologies Asia Pacific Ltd. and WEMUG & Lifestyle Ltd. are new WeWork members who joined WeWork Cityplaza Three since July 2018.

“Our company strikes to provide a simple and all-inclusive platform that offers value to motors retailers and fleet providers. As we expand in Asia, we need to set up a regional office to support our operation and build a new team. The energy and culture of WeWork is exactly what we are after to develop a fun and collaborative team,” said Josephine Lee, Director, Sales and Marketing of Pinewood Technologies Asia Pacific Ltd. “We have only been here for a month, but we are already enjoying the benefits from participating in various events organized by the community team, including a recent hiring carnival for networking and talent acquisition. Moreover, WeWork’s global network is crucial for us as we are also working with teams from different cities. We look forward to developing closer relationships with different members in the community and fueling our business growth together.”

Betty Niu, Business Director of WEMUG & Lifestyle, said “WEMUG & Lifestyle Ltd. is a local designer brand originating from the idea of bringing outdoor and portable products to customers with a unique brand identity that retains a minimalist outlook. We have decided to join WeWork Cityplaza Three, because we are amazed by WeWork’s creativity and its support for entrepreneurship. To a creative company, a supportive community and the working environment is very important. The community at WeWork helps our team unleash our innovation, and the energy of the space also supports our company to attract young talents who enjoy working at an inspiring and collaborative space. Along with the WeWork members app, we are now able to connect with other creators and entrepreneurs. WeWork’s global network is also important to our business by increasing our convenience in easily arranging meetings with our clients in WeWork offices in Tokyo or other global cities. We are very excited to join the WeWork family, and look forward to introducing our products to other members in WeWork Cityplaza Three and around the world.”

About WeWork WeWork is a platform for creators, providing more than 268,000 members around the world with space, community, and services through both physical and virtual offerings. Its mission is to create a world where people work to make a life, not just a living. WeWork currently has 287 physical locations in 77 cities and 23 countries around the world.

Founded in 2010 by Adam Neumann and Miguel McKelvey in New York, the company now employs more than 6,000 globally. WeWork seeks ‘creators’ from all industries and companies big and small to become members, with a suite of WeWork-specific membership benefits in each country and a local staff in each city.

More than 43,000 companies and more than 268,000 members are now based at a WeWork, with member companies ranging from start-ups to household names including Dell, KPMG, GE, Microsoft, and Samsung. More than 70% of WeWork’s members collaborate with each other and its international locations serve as convenient bases for business travel, enabling a great degree of work flexibility for both multinationals and small-to-medium-sized businesses alike, as well as options for easy expansion into new markets

About WeWork China WeWork entered China in 2016 and opened its first location in Asia – WeWork Yanping Lu on July 1st in Shanghai. Upon its opening, it was 85% full and the location ran in full capacity within one month. In September 2016, WeWork opened the first location in Hong Kong – WeWork Tower 535. WeWork also opened its China flagship WeWork Weihai Lu in November 2016.

On April 12, 2018, WeWork announced to collaborate with naked Hub to further expand its business in China.

WeWork currently has more than 40 operational locations in Shanghai, Beijing and Hong Kong. In 2018, WeWork enters new cities including Chengdu, Shenzhen and Hangzhou. In addition, by the end of 2018 or early 2019, WeWork will also be expanding into Wuhan and Guangzhou and continue its growth to cities such as Nanjing, and Xi’an etc in 2019.

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