Co-working space operator CoHive closes several locations in Indonesia

CoHive 101 in Jakarta

East Ventures-backed CoHive has closed at least five of its co-working spaces in Indonesia over the last two years.

The firm shut down offices in Plaza 89 and Plaza Kuningan in Jakarta, as well as in Hartono Mall, Yogyakarta earlier this year. Meanwhile, CoHive Binus Square and CoHive Sunrise Artotel in Bali have not been operational since the pandemic began, according to sources.

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