Mainland China’s shared office-space market has had a torrid time, with dozens of providers going bust last year and a vast number of co-working projects now standing half empty.
That has not stopped theDesk, an operator based in Hong Kong, from pushing ahead with plans to enter the fraught mainland market by opening a new project in Shanghai soon.
Chief executive officer Thomas Hui said he was not put off by the intensely competitive environment, which has been hit by a slowdown in the…
Source : South China Morning Post
Read more…Hong Kong’s theDesk to open Shanghai project as China’s shared workspace providers shut up shop, scale back
