Recently rebranding on last June, Cocowork got renamed again. It’s now become CoHive. Besides coworking space, it also aims for new segments, co-living and new retail.

Co-Hive is currently running more than 32,000 sqm coworking space in 22 different locations around Jakarta and Medan, with more than 5,500 communities from corporate, SME, and startups renting monthly or annual working space.

Cocowork, previously named EV Hive, was considered successful in managing and providing working spaces which aim for collaboration, good concept, and strategic locations. It makes Cocowork continuously developing more workspaces and to target 100,000 sqm space in various locations the next year.

The new concept of CoHive is the reason behind its rebranding due to some new services. There is no further information on us regarding the new concept implementation by CoHive, however, the name proposed for these new products are CoHive Co-Living and Residences, CoHive Marts, and CoHiveX.

“Through the sharing economy concept, young entrepreneurs can access the necessary resources and community support to start and develop their business. With a series of comprehensive solutions in CoHive, our community members can work, live, and have fun in within the same ecosystem,” Carlson Lau, CoHive’s CEO, said.

He explained further that they currently have the tower network of offices and companies to be used for integrated services and activities development of community building, and planned to be launched in 2019.

In making this plan and strategy happened, CoHive is supported by some investors, such as East Ventures, Sinar Mas Digital Ventures (SMDV), Insignia Ventures, Softbank Ventures Korea, H&CK Partners, Tigris Investment, and Intudo Ventures.

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Original article is in Indonesian, translated by Kristin Siagian