Friday Flashback: Flyspaces Acquires its Hong Kong Competitor QuikspacesKnow what happened in the APAC region over the past week

ByKomal Nathani

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

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.

    Wavy Line
    Komal Nathani

    Former Correspondent, Entrepreneur Asia Pacific

    A firm believer of hard work and patience. Love to cover stories that hold a potential to change the momentum of business world. Currently, a part of all-women web team of Entrepreneur’s Asia Pacific edition to jig the wheel of business journalism!

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