WORQ’s New Strategy: The 'Country Club' Office
Description
18 months ago, co-working operator WORQ planned to raise RM40 million to fuel its expansion. But halfway through the process, they stepped back from the raise, claiming that it wasn’t because they couldn't get the funds, but because they had hit the startup "holy grail": generating enough internal cash flow to fund their own growth.
Co-founders Stephanie Ping and Andrew Yeow join us to break down key wins and challenges since our last conversation in February 2024, the mechanics of their landlord partnership model, why and how they act as a footfall attraction for buildings, and their upcoming expansion into "Urban Wellness" via WORQ Wellness, with offices featuring pools and jacuzzis, launching in Jan 2026.
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