WeWork China
WeWork China operates nearly 70 flexible workspace communities across 12 Chinese cities, providing private offices, dedicated desks, premium suites, and on-demand seating to 7,000+ enterprises and 70,000+ members through a tech-enabled platform with mobile app and WeChat integration.
- Company typePrivate
- Founded2010
- HeadquartersShanghai, China
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What WeWork China does
WeWork China operates as a leading flexible workspace provider in Greater China, offering shared office communities, private offices, dedicated desks, and on-demand meeting and event spaces across nearly 70 locations in 12 cities including Shanghai, Beijing, Shenzhen, Guangzhou, Hong Kong, Hangzhou, Nanjing, Chengdu, Wuhan, Suzhou, Xi'an, and Taipei. The company was established in China in 2016 under the global WeWork brand and became an independently operated entity in 2020 under the legal entities 威幄克商务服务（上海）有限公司 (for digital/app services) and 红鲷众创空间管理（上海）有限公司 (for physical community services). WeWork China serves a diversified customer base of more than 7,000 enterprise clients and 70,000+ members, spanning startups, SMBs, freelancers, hybrid workers, and medium-to-large enterprises.
The company operates a multi-tier product portfolio: Classic Space (private offices with monthly subscription billing), Dedicated Desk (quarterly-billed personal workstations), LXWE (Lixwe) premium business suites launched in 2022 for enterprises seeking independent brand identity, and FLEXJOY (Flexjoy) usage-based flexible seating bookable in half-day increments via a WeChat Mini Program. Its technology stack includes a proprietary mobile application (WeWork China App), WeChat Mini Program integration, Face++ powered facial recognition access control, Baidu Maps location services, and payment integration with WeChat Pay and Alipay. Member benefits extend the platform with discounts across fitness, hospitality, and retail partners.
WeWork China's revenue model combines recurring subscriptions (monthly for private offices, quarterly for dedicated desks, annual for LXWE premium) with usage-based fees (FLEXJOY hot desking and meeting rooms), supplemented by event and conference rentals and a broker/中介 partnership program for client referrals. Distribution operates through direct enterprise field sales, inside sales via a 400 hotline, self-serve digital channels (website, app, WeChat Mini Program), and a member referral program. The company has raised approximately $1.2B across three funding rounds (2017, 2018, 2020) and is led by CEO Michael Jiang, with regional operations managed by figures including Bai Rui (Shanghai and new first-tier cities).
WeWork China firmographics
Firmographics- Name
- WeWork China
- Legal name
- 威幄克商务服务（上海）有限公司
- Website
- https://wework.cn
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- WeWork China operates nearly 70 flexible workspace communities across 12 Chinese cities, providing private offices, dedicated desks, premium suites, and on-demand seating to 7,000+ enterprises and 70,000+ members through a tech-enabled platform with mobile app and WeChat integration.
- Ownership category
- akta.pro rank
WeWork China industry classification
Industry- Product category
- Flexible Workspace / Co-working Spaces
- NAICS
- Office Administrative Services (561110)
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)
- akta.pro secondary industry
- Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK)
Keywords
Where WeWork China is headquartered
LocationHeadquarters
- HQ city
- Shanghai
- HQ country
- China
- HQ region
- Asia
Offices14 records
Markets served
WeWork China business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Private Office Rental: Monthly subscription model for dedicated private offices with all-inclusive pricing covering property management, utilities, water, cleaning services. Targets enterprises from startups to mature companies.
- Dedicated Desk Rental: Quarterly subscription model for dedicated personal workstations in shared offices. Targets startups and small businesses requiring daily office presence.
- LXWE (励帷) Premium Office: Premium business office suites targeting medium to large enterprises seeking independent brand image, dedicated meeting rooms, manager offices, and reception areas. Quarterly or annual billing.
- FLEXJOY (悠座) Flexible Seating: Pay-per-use model for hot desks and meeting rooms. Half-day minimum booking. Flexible option for freelancers, travelers, and companies with hybrid work arrangements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Classic Space (经典空间): Private offices starting from 1-month commitment |
| Subscription | Quarterly | Dedicated Desk (固定工位): Personal workstation from 1-year commitment |
| Subscription | Annual | LXWE (励帷): Premium business suites for medium-large enterprises |
| Usage-based | Pay-as-you-go | FLEXJOY (悠座): Flexible hot desking, minimum half-day booking |
Go-to-market motion5 records
Distribution channels5 records
Marketing channels4 records
WeWork China product offering
Product offeringCore offering
WeWork China provides flexible office workspace solutions including ready-to-move-in private offices, dedicated desks, premium enterprise suites (LXWE/励帷), and on-demand hot desking (FLEXJOY/悠座) across approximately 70 communities in 12 Chinese cities. Offerings are delivered on subscription or pay-per-use models with all-inclusive pricing covering utilities, furniture, cleaning, internet, and community amenities, accessible via a mobile app, WeChat mini-program, and face recognition entry.
Product overview
WeWork China operates as a flexible office space provider offering a multi-tier product portfolio. Its core offering comprises 经典空间产品 (Classic Space) — ready-to-move-in private offices with all-inclusive monthly pricing — and 固定工位 (Dedicated Desk) for individuals and small teams on quarterly plans. Above these, 励帷 (Lixwe) serves as a premium sub-brand for medium-to-large enterprises requiring dedicated suites, meeting rooms, and branded spaces. 悠座 (Flexjoy) addresses short-term and on-demand needs with half-day bookings via WeChat Mini Program, while 活动与会务 covers event and conference venue rentals. Member benefits including fitness, hotel, and retail discounts are layered on top of the physical workspace, and all spaces are supported by dedicated community teams and an app-based digital ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- 悠座 (FLEXJOY): Flexible workspace product for freelancers, travelers, and enterprises seeking hybrid work solutions.
- 励帷 (LXWE)
- 经典空间产品
Products and services
- Classic Space (经典空间产品)
Quantifiable outcome
- Occupancy rate over 60% achieved within half year at new Shanghai Guohua Center community
Companies that use WeWork China
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
WeWork China technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability2 records
Feature5 records
WeWork China partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and supporting.
- 美林商旅集团 CANVA联合办公空间coreSpace interconnection partnership integrating CANVA co-working spaces located above SAM's Club and IKEA into WeWork's network of nearly 100 spaces across China. First location launched in Guangzhou enabling WeWork members to access workspace near retail locations.
- Pitch.coreOPC (One Person Company) member community partnership with Pitch. Founder Liu Zixian participated in WeWork Shanghai Guohua Center opening ceremony. Partnership focuses on startup ecosystem development under WeWork 2.0 strategy.
- Face++ (北京旷视科技有限公司)coreFace recognition technology integration for identity verification and self-service door activation at WeWork communities in mainland China.
- Baidu Maps (北京百度网讯科技有限公司)supportingLocation-based services integration for meeting room reservations, desk bookings, and door access functionality.
- WeChat Pay (财付通支付科技有限公司)corePayment processing integration for in-app purchases and space bookings.
- Alipay (支付宝（中国）网络技术有限公司)corePayment processing integration for in-app purchases and space bookings.
- Umeng+ (友盟同欣（北京）科技有限公司)supportingAnalytics and statistics services for user behavior tracking and anti-fraud capabilities.
- JPush (深圳市和讯华谷信息技术有限公司)supportingPush notification services for member communications and updates.
- NetEase Cloud Music (杭州网易质云科技有限公司)supportingSMS messaging services for member communications.
Scale indicators5 records
Recent moves10 records
Expansion highlights6 records
WeWork China competitors and assessment
Company assessmentRegional players
- Kr Space (氪空间): Kr Space is a Beijing-based Chinese coworking operator serving startups and SMBs. Operates comparable small-team and startup-focused shared office products in Chinese Tier 1 and 2 cities, partially overlapping with WeWork China's classic space tier.
- Compass Offices: Compass Offices is an Asia-Pacific premium serviced office operator with locations including Hong Kong, where WeWork China also has presence. Competes in the same enterprise premium office segment, particularly relevant for WeWork's Hong Kong footprint expansion.
Emerging players
- Industrious: Industrious is a US-headquartered premium flexible office operator expanding into Asia. Offers comparable enterprise-grade workspace solutions and could emerge as a cross-border competitor to WeWork China's enterprise and premium segments.
Direct peers
- Distrii (办伴): Distrii is a major Chinese flexible office operator focused on premium and tech-enabled coworking spaces across Tier 1 cities in China. Offers comparable private office, dedicated desk, and enterprise solutions in direct competition to WeWork China's product portfolio.
- naked Hub (裸心社): naked Hub is a Shanghai-headquartered coworking operator with premium shared offices across China. Competes with WeWork China on community-driven workspace experiences and similar SMB/startup member profiles.
- Ucommune (优客工场): Ucommune is one of China's largest domestic coworking operators with comparable shared office and enterprise solutions. Competes directly with WeWork China in major Chinese cities on price, location footprint, and community-driven services.
- Servcorp: Servcorp operates premium serviced offices and virtual offices across major Chinese cities in landmark CBD buildings. Targets the same high-end enterprise segment as WeWork China's LXWE premium tier with similar dedicated office and concierge offerings.
- ATLAS 寰图: ATLAS is a premium Chinese coworking and serviced office operator in Tier 1 cities. Targets similar enterprise and premium clientele as WeWork China's LXWE product line with comparable all-inclusive, fully furnished workspace offerings.
- SOHO 3Q: SOHO 3Q is the coworking arm of Chinese real estate developer SOHO China, offering shared office spaces in Beijing and Shanghai prime locations. Operates similar short-term and flexible lease products targeting SMBs and entrepreneurs in competition with WeWork China's classic space offerings.
Broad incumbents
- IWG (Regus / Spaces): IWG is the world's largest flexible office operator with brands including Regus, Spaces, and HQ. Operates extensively across China and competes head-to-head with WeWork China across enterprise, SMB, and hybrid worker segments at global scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
WeWork China social profiles
Digital presenceWeWork China financial estimates
Financial estimateRevenue estimate
Valuation estimate
WeWork China leadership team
Management profileNumber of profiles
Profiles2 records
WeWork China funding detail
Funding detailFunding overview
Funding rounds3 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WeWork China M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WeWork China
What does WeWork China do?
WeWork China provides flexible office workspace solutions including ready-to-move-in private offices, dedicated desks, premium enterprise suites (LXWE/励帷), and on-demand hot desking (FLEXJOY/悠座) across approximately 70 communities in 12 Chinese cities. Offerings are delivered on subscription or pay-per-use models with all-inclusive pricing covering utilities, furniture, cleaning, internet, and community amenities, accessible via a mobile app, WeChat mini-program, and face recognition entry.
Is WeWork China a public or private company?
WeWork China is a private company. It is classified as venture growth investor backed and is currently operating.
When was WeWork China founded?
WeWork China was founded in 2010. It employs 5,001 to 10,000 people.
Where is WeWork China based?
WeWork China is headquartered in Shanghai, China, in the Asia region.
How does WeWork China make money?
Four revenue lines are on record. Private Office Rental is the primary driver. The others are dedicated Desk Rental, LXWE (励帷) Premium Office and FLEXJOY (悠座) Flexible Seating.
Who are WeWork China's main competitors?
Regional players on record are Kr Space (氪空间) and Compass Offices. Industrious is listed as an emerging player. Direct peers are Distrii (办伴), naked Hub (裸心社), Ucommune (优客工场), Servcorp, ATLAS 寰图 and SOHO 3Q. IWG (Regus / Spaces) is listed as a broad incumbent.
Does WeWork China have an API?
No public API is recorded for WeWork China.
What industry is WeWork China in?
WeWork China's product category is Flexible Workspace / Co-working Spaces. Its primary akta.pro industry code is BPABAFAH, Hybrid Work Enablement & Desk/Room Booking Operations, with a secondary code of IMAIALAK, Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison). Its NAICS code is 561110 and its SIC code is 8744.