WeWork to Operate Two Coworking Spaces in Jakarta

Located in Revenue Tower SCBD and Sinarmas MSIG Tower, operation will begin in third quarter of 2018

Yenny Yusra - 26 April 2018

Focus on service expansion, WeWork, a coworking space from US has officially launched its business in Indonesia. WeWork currently has coworking spaces located in 242 areas, 71 cities, and 21 countries all over the world, specifically prepare an investment worth of $500 million for expansion in SEA and Korea.

In Indonesia, WeWork to build two new coworking space in Revenue Tower SCBD and Sinarmas MSIG Tower. Previously Spacemob, a coworking space company acquired by WeWork, has built a space in Gama Tower Kuningan last year.

Turochas "T" Fuad, Managing Director of WeWork SEA, said that WeWork only covers Jakarta for now, there's no plan to build coworking space outside Jakarta. These new spaces plan to operate in third quarter of 2018.

"With our technology and selected services, we're optimists to provide the finest coworking space for startups to enterprises."

Regarding the partnership, synergy and renaming Spacemob spaces into WeWork, he claimed not having any changes after the acquisition.

"There's no plan for a synergy of WeWork and Spacemob. Both are going their own way, although it's been acquired by WeWork," he said.

WeWork advantages

Putting forward partnership and user interaction, Wework's unique approach to community management will be applied in Jakarta. They also offered Member Network App for virtual collaboration where WeWork integrates design, technology, and community.

This feature can also boost member's inclusive experience of WeWork's global network for companies reaching Indonesia.

Fuad said with the experience and branches in various countries as the advantages, WeWork trying not to compete with other local coworking spaces. WeWork members in Indonesia can book a space from any WeWork coverage area. The advantage applied for all members.

"We've hired locals to manage WeWork in Indonesia," he said.

There are startups and corporates to take up spaces in WeWork. Some of those are Bizzy, Chope, DataOn, PolicyPal, Rekanext, StashAway, and Wantedly.

Regarding a specific deal, Fuad said that Sinar Mas is only the landlord and partner. Although, a startup under Sinar Mas, Bizzy, will take one of the space in WeWork Sinarmas.

"Sinar Mas and WeWork are just partners. Later, we'll be sharing revenue with Sinar Mas as the landlord," he explained.

Original article is in Indonesian, translated by Kristin Siagian

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