What the Hive Hong Kong does

the Hive Hong Kong, operated by Hong Kong Hive Ltd., is a flexible workspace provider based in Wan Chai, Hong Kong, and forms part of The Flexi Group, the parent company identified as the leading flexible workspace operator in Asia Pacific. The Wan Chai location occupies five floors of The Phoenix Building at 23 Luard Road, including a 21st-floor sun terrace, and offers shared hot desks, dedicated workstations, private offices, meeting rooms, and event spaces under a membership-based model. Monthly subscription pricing ranges from HKD $300 for a virtual office address to HKD $24,000 for a four-person private office, with hot desks starting at HKD $2,200 and dedicated desks at HKD $4,500. Additional revenue is generated via usage-based meeting room hire (HKD $300/hour for 8-pax) and event venue rental (HKD $1,250–$2,500/hour for rooftop and indoor spaces).

The company serves a horizontal mix of customer segments: start-ups and entrepreneurs, small and medium businesses, remote workers and digital nomads, and enterprise teams seeking satellite offices. Members gain access to all 50+ Hive locations across Hong Kong, Singapore, Thailand, Vietnam, Australia, Taiwan, Malaysia, and Japan under a single membership, supported by a community programme (Hive Talks, Runway fashion show, Shorties Film Festival) and a content vehicle (Hive Life magazine). The company acquires customers through community-led events, a referral programme, social media, an email newsletter, and direct sales via the website and WhatsApp tour booking.

The underlying technology stack is light: the member portal is built on OfficeRnD (a third-party SaaS workspace management platform), and standard amenities include high-speed WiFi, interactive TVs in meeting rooms, and complimentary coffee. Distribution is augmented by broker and landlord partnerships for enterprise sales. The company is privately held, with no disclosed funding rounds or revenue figures, and operates with a small Wan Chai-based team under a Location Manager (Camille).

Name

the Hive Hong Kong

Legal name

Hong Kong Hive Ltd.

Website

https://thehive.com.hk

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

the Hive Hong Kong operates a membership-based flexible workspace in Wan Chai (hot desks, dedicated desks, private offices, meeting rooms, event venues), serving start-ups, SMEs, and remote workers across Asia Pacific as part of The Flexi Group's 50+ location network.

Ownership category

akta.pro rank

Product category

Flexible Workspace / Coworking

NAICS

Facilities Support Services (561210)

akta.pro primary industry

Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH)

Keywords

• Flexible workspace
• Coworking memberships
• Private office rental
• Meeting room hire
• Virtual office services

Headquarters

HQ city

Wan Chai

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Workspace Memberships: Recurring monthly subscription revenue from hot desking, dedicated desk, and private office memberships. Members pay a monthly fee for access to workspace, facilities, and the Hive community across the network of locations.
2. Meeting Room Hire: Hourly, half-day, and full-day rental of meeting rooms (4-pax and 8-pax rooms). Revenue is usage-based and consumed on demand.
3. Events Venue Hire: Hourly rental of indoor and outdoor event spaces including the 21F Indoor Space (capacity 40 seated / 60 standing) and 21F Rooftop Terrace (capacity 40 seated / 80 standing). Revenue is usage-based.
4. Virtual Office Services: Business address and mail handling services at prime Hong Kong location, bundled with secretarial services and discounted day passes. Targets entrepreneurs and early-stage businesses.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

The Hive Wan Chai operates a flexible workspace and coworking business across five floors at the Phoenix Building in Wan Chai, selling recurring monthly memberships (Hot Desk, Dedicated Desk, Private Office) plus usage-based meeting room hire, event venue hire (including the 21F Indoor Space and Rooftop Terrace), and virtual office services (business address, mail handling, secretarial support). Members also gain cross-location access to the wider Hive network across Hong Kong and Asia Pacific.

Product overview

The Hive Wan Chai is a flexible workspace provider offering a unified coworking ecosystem centered on membership-based access to shared workspaces. The core product portfolio comprises Hot Desk, Dedicated Desk, and Private Office memberships at various price tiers (HK$300 to HK$24,000/month), supplemented by Meeting Room and Event Venue hire services. Virtual Office packages and special rates for young entrepreneurs and start-ups expand access to non-physical members. The company operates across multiple Hong Kong locations (Wan Chai, Causeway Bay, Kennedy Town, Sai Kung, Lai Chi Kok, Poho) with cross-location access for members. Notable community initiatives include Try Out Tuesday free events and Hive Academy internal training program.

Differentiator

Problem solved

Functional benefit

Products and services

• Hot Desk Membership
• Dedicated Desk Membership
• Private Office Membership

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• The Flexi GroupOthersThe Flexi Group is the parent company and operator of The Hive brand. It is identified as the leading flexible workspace operator in Asia Pacific. The Hive Wan Chai is owned and operated as part of The Flexi Group's portfolio across Hong Kong, Singapore, Thailand, Vietnam, Australia, Taiwan, and Malaysia.
• OfficeRnDcoreTechnology or IntegrationOfficeRnD provides the member portal technology platform (members.thehive.com.hk) used by The Hive for member account management, community features, and access control. The platform is confirmed in use as the member login and community management system.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Others

• OfficeRnD: OfficeRnD is the technology partner providing The Hive's member portal and booking platform. It is a key enabler/ecosystem participant rather than a competitor, but its product shapes The Hive's member experience and digital operations.

Direct peers

• IWG (Regus / Spaces): IWG operates the Regus, Spaces, HQ, and Signature brands globally and has a substantial Hong Kong footprint. It competes head-to-head with The Hive across flexible workspace tiers, with comparable meeting room and virtual office offerings.
• JustCo: JustCo is a leading Asia Pacific coworking operator headquartered in Singapore with locations across the region. It targets the same SME and enterprise customer base as The Hive and competes in Hong Kong with similar product offerings.
• The Executive Centre: The Executive Centre is a premium serviced office and coworking operator with a strong Hong Kong and Asia Pacific presence, including Wan Chai-grade addresses. It targets the same enterprise and SME premium tier as The Hive.
• Convene: Convene operates premium flexible workspaces and meeting/event venues globally. It is comparable to The Hive's premium positioning, particularly in the meeting room and event venue hire segments.
• WeWork: WeWork is a global flexible workspace operator offering hot desks, dedicated desks, and private offices in Hong Kong. It directly competes with The Hive Wan Chai across overlapping SME and enterprise segments in prime Hong Kong locations.
• Servcorp: Servcorp provides serviced offices, virtual offices, and meeting room hire in prime Hong Kong locations including Wan Chai-adjacent areas. It is a direct competitor on virtual office and private office offerings.

Regional players

• The Work Project: The Work Project is a Hong Kong-based coworking and flexible office operator with multiple locations in the city. It directly competes with The Hive Wan Chai for SME and enterprise tenants seeking premium Hong Kong addresses.

Emerging players

• Mind Space: Mindspace is a flexible workspace operator with locations in Asia and Europe, including Hong Kong. It offers comparable membership tiers and competes for enterprise tenants seeking premium design-led workspaces.
• Campfire Collaborative Spaces: Campfire operates coworking spaces in Hong Kong with a community-led positioning. It competes with The Hive Wan Chai for the startup and SME segment, though its footprint and brand reach are smaller.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/thehivehongkong
• LinkedInlinkedin.com/company/thehivehongkong
• Instagraminstagram.com/thehivehongkong

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about the Hive Hong Kong