trending Market Intelligence /marketintelligence/en/news-insights/trending/BYzZ6jqNyGqSHrJTjjLGeg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

WeWork's Asia investments total US$1B in 2 months with new vehicle

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


WeWork's Asia investments total US$1B in 2 months with new vehicle

WeWork Cos. said it is investing US$500 million in a new entity to grow its exposure in Southeast Asia and South Korea, pumping in more to add to its recent investments in China and Japan.

For its Singapore expansion, WeWork agreed to acquire Spacemob, with the latter's CEO Turochas Fuad named WeWork's managing director of Southeast Asia. The local coworking company was established in early 2016 and opened its second location in the city-state in March. Spacemob is also scheduled to open up spaces in Indonesia and Vietnam soon.

Meanwhile, in South Korea, WeWork said it appointed Matt Shampine as general manager for the country. Most recently the head of marketing and revenue for Asia, Shampine will spearhead the company's expansion in South Korea.

WeWork Asia Managing Director Christian Lee said in a statement that the acquisition of Spacemob will expedite the company's efforts to enter key markets in Southeast Asia. Meanwhile, Shampine's experience as a longtime employee and member of the company "will be critical as we expand our offerings in Korea," Lee said.

In July, WeWork agreed to set up a US$500 million vehicle with SoftBank Group Corp. and Hony Capital to expand in China, just days after WeWork agreed to a 50/50 joint venture with SoftBank to enter the Japanese coworking market. In March, it was reported that SoftBank invested US$300 million in WeWork.