Friday Flashback: Flyspaces Acquires its Hong Kong Competitor Quikspaces
Here's a new series on the big developments that took place in the APAC region over the past one week.
All's not well at Apple
Apple cut the revenue forecast for its latest quarter, citing fewer iPhone upgrades and weak sales in China, and its shares tumbled in after-hours trade.
FlySpaces acquires Quikspaces
Manila-based flexible office space marketplace FlySpaces is purchasing its Hong Kong competitor, Quikspaces. This is FlySpaces' second acquisition– it bought Malaysian firm 8Spaces in 2016.
SoftBank venture arm rebrands itself
To increase its focus on Southeast Asia and China, SoftBank Ventures Korea, an investment arm of the Japanese tech giant, has rebranded. It's now called SoftBank Ventures Asia, and will soon open offices in Shanghai and Singapore – its first base in Southeast Asia.