Discussions » 🌏 Multiple flex brands going public in APAC (🔗 Visit source)
While this Reuters article pokes at a few concerns around WeWork India's IPO it also highlights two interesting things we thought you might find interesting.
First, the terms of the independent Indian network negotiated with the global brand (who is minority shareholder, alongside Embassy Groups 74%) - a 2.84% rev share as a management fee. And second, The Executive Center is also preparing to list and Smartworks recently went public in the region.
And yes, we need to split the WeWork and WeWork India coworking profiles on TWIC. We're on it.