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What is the management mode of wework?

According to Forbes Chinese website, WeWork is an office leasing company located in new york, USA. Its business model is to rent one or two floors of office buildings at a discounted price, then divide the office space into many small pieces, and then charge monthly membership fees to start-ups and small companies that want everyone to work next door.

In the location of lots, WeWork tends to open offices in newly-built development zones and renovated or depressed blocks, because in those places, the company can get the office space of the main tenant at a discount of about 10%.