WeWork Won’tWork in China, at least not as majority owner

Office-as-a-service outfit WeWork has effectively left China, at least as an active player. The company on Thursday announced that one of its investors, Trustbridge Partners, had sent $200m its way to take a stake in WeWork China. That stake will leave WeWork as a minority shareholder in its Chinese operations, effectively …

[Anonymous Coward]

The value proposition and long-term potential for WeWork is increasingly clear

Big, expensive buildings in the places people aren't going anymore? Yep, clearly a losing proposition. The future is local. Many, smaller, distributed work hubs.

[The Man Who Fell To Earth]

Re: The value proposition and long-term potential for WeWork is increasingly clear

More to the point, WeWork is just branded office space rental. Nothing new or high tech. It's still a simple real estate play.

[Anonymous Coward]

Re: The value proposition and long-term potential for WeWork is increasingly clear

WeWork is not the messiah, it's just a very shiny Regius office.

This is perhaps more relevant to today's environment: https://www.meanwhile.org.uk/

[RM Myers]

Re: The value proposition and long-term potential for WeWork is increasingly clear

Big, expensive buildings in the places people aren't going anymore? Yep, clearly a losing proposition.

WeWork was a losing proposition well before 2020 and the work from home movement. Their talent wasn't in real estate - it was in selling illusions of grandeur to wide-eyed investors. A major fail all around!