WeWork Acquires Spacious Coworking Startup

2 September 2019

WeWork acquired Spacious, a competing start-up that turns restaurants that are empty during the daytime into coworking spaces. The two firms declined to reveal details of the transaction.

Spacious was created in 2016 to maximise the profitability of under-utilised urban spaces such unoccupied commercial premises and restaurants. Users can use the spaces as office space, paying 18.10 euros per day or 116.50 euros per month.

Original Story: Eje Prime

Adaptation/Translation: Richard D. K. Turner