A guest attends the opening ceremony of WeWork Hong Kong flagship location in Hong Kong, China February 23, 2017.      REUTERS/Bobby Yip - RC1FDE487F00

Large corporations represent one quarter of WeWork’s present membership

25%

WeWork started with smaller clients. But now, the company is gearing itself towards giants and aspiring to become a behemoth itself.

Published   |  Photo by Reuters/Bobby Yip
A guest attends the opening ceremony of WeWork Hong Kong flagship location in Hong Kong, China February 23, 2017.      REUTERS/Bobby Yip - RC1FDE487F00
25%

WeWork said this week that the fastest growing part of its business involves big corporations, from Mastercard to Samsung, which now represent 25% of the company’s client base.

A guest attends the opening ceremony of WeWork Hong Kong flagship location in Hong Kong, China February 23, 2017.      REUTERS/Bobby Yip - RC1FDE487F00
25%

WeWork’s ambition is manifesting in other ways, too, like the iconic New York building on Fifth Avenue it bought for $850 million, soon to become its corporate headquarters.

c-RTX3I0LK-Shannon Stapleton

Reuters/Shannon Stapleton

A guest attends the opening ceremony of WeWork Hong Kong flagship location in Hong Kong, China February 23, 2017.      REUTERS/Bobby Yip - RC1FDE487F00
25%

WeWork is also going through a corporate shopping spree. It bought five firms in seven months, including the Flatiron School, a coding academy; Welkio, an office sign-in system; and Conductor, a digital marketing company.

A guest attends the opening ceremony of WeWork Hong Kong flagship location in Hong Kong, China February 23, 2017.      REUTERS/Bobby Yip - RC1FDE487F00
25%

Signs of WeWork’s ambition are also obvious from how it describes itself. The company claims to be a “state of consciousness,” to offer “space as an experience,” and to represent a “movement.”

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