SoftBank, WeWork form joint venture under name WeWork Japan
SoftBank and WeWork announced a joint venture that will bring WeWork's platform of space, community, and services for companies of all sizes to Japan. The SoftBank Group and WeWork will each own 50% of the joint venture, which will operate under the name of WeWork Japan. By entering Japan, WeWork will expand its global community and connect its more than 130,000 members to the innovative and growing Japanese market. WeWork plans to launch its first location in Tokyo in early 2018. To oversee this launch and scale its Japanese operations, WeWork has appointed Chris Hill to serve as the Chief Executive Officer of WeWork Japan. Chris joined WeWork in 2010 shortly after its founding to serve as the company's first Chief Operating Officer. During his tenure at WeWork, Chris has held several key executive functions, which include serving as the Global Head of Community and Operations and, most recently, serving as the Global Chief Community Officer. In these roles, Chris has created, implemented, and scaled many of the processes, operational frameworks, and strategies that are used to run WeWork communities and create the highest level of member experience. Over the past two years, Chris has spent extensive time overseas successfully scaling the WeWork brand in foreign markets.