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WeWork to open new locations in Singapore, Manila

WeWork Cos. Inc. will open two new coworking offices in Singapore and Manila, Reuters reported, citing company announcements.

A spokeswoman for WeWork told Reuters in an email that the office-sharing company was bolstering its presence in the Southeast Asian region.

The move comes amid reports that the company's parent The We Co., which recently delayed its IPO plans indefinitely, was looking at reducing its expansion plans in China to curb costs, according to Reuters.