HONG KONG, Jan. 26, 2018 /PRNewswire/ -- Sharing Economy
International, Inc. ("SEII" or "the Company") (NASDAQ: SEII) today
announced that its wholly-owned subsidiary, EC Rental Limited ("EC
Rental"), has entered into a cooperation agreement with Business
Office Operation Limited ("BOO"), regarding the joint development
of Sharing Workspace Business Club ("the Business Club").
BOO's founder and CEO Tony Yu,
who served for the APAC expansion of Regus Business Centre, has
extensive experience in the sharing and temporary workspace
market. Operating his own workspace business in Hong Kong under BOO, the company has attracted
many high-profile international customers, who need convenient
workspaces for their regional expansion and operations.
"Sharing workspace is one of the specific sharing economy
markets that we are improving with new technology and enhanced
operation management, a complete O2O solution," said Parkson Yip, COO of SEII. "The Business Club is
an affiliate network of business centers, coworking spaces, and
temporary workspaces, together with sharing workspaces offered by
private workspace owners. People joining the Business Club can
utilize this global workspace affiliate network and feel confident
in the quality of the spaces and the services provided. All
affiliated workspaces will be displayed online through our 3D
virtual space platform by 3D Discovery, so users can have a real
tour of the workspaces before the booking is made. Our
Business Club will provide more options for business people, as
well as SMEs and entrepreneurs with both short-term and long-term
sharing and colocation workspaces. With additional online coverage
from Anyworkspace.com and Quikspaces.com, we are building a total
solution for the sharing workspace market, which will be backed by
our advanced blockchain smart contract and transactional system
with secured cryptocurrency support. We plan to launch this
solution in Asia and Hong Kong in mid-2018 with the goal of
expanding into Europe and the
US."
"With the rise of entrepreneurialism and a growing contingent
workforce, there has been a significant shift in how people work
and where they get work done. The needs for temporary and
short terms spaces are growing in the market," said Tony Yu, Founder of BOO. "Affiliate
workspace providers of the Business Club will enjoy the benefits of
our mobile application which can help find occupants for
short-term, underutilized workspaces. On the other hand, the
A.I. engine can assist Business Club members locate the best-suited
workspaces available in the market, based on their professional,
geographic, budget, duration and personal style preferences.
We strive to provide the best matching for short-term and long-term
sharing and coworking space users."
According to the Global Coworking Survey by deskmag, in 2017,
there were 13,800 coworking spaces globally with around 1.18
million people utilizing coworking spaces worldwide. This compares
to 8,700 and 510,000, respectively, in 2015. Small Business
Labs has predicted the number of coworking space globally will
exceed 30,000 by 2022, with over 5.1 million people working in
coworking spaces by 2022.
About Sharing Economy International Inc. (Nasdaq:
SEII)
Sharing Economy International Inc. (Nasdaq: SEII) (formerly
known as Cleantech Solutions International, Inc. ("CLNT")), through
its affiliated companies, designs, manufactures and distributes a
line of proprietary high and low temperature dyeing and finishing
machinery to the textile industry. The Company's latest
business initiatives are focused on targeting the technology and
global sharing economy markets, by developing online platforms and
rental business partnerships that will drive the global development
of sharing through economical rental business models. Moreover, the
Company is actively pursuing for the application of blockchain
technologies in its existing and to-be-acquired businesses, better
enabling the general public to realize the beauty of resource
sharing. For more information visit www.seii.com.
About Business Office Operation Limited
Business Office Operation Limited is based in Hong Kong and operates business coworking
spaces, as well as providing consulting services for coworking
space operators to set up new coworking locations in Asia.
Safe Harbor Statement
This release contains certain "forward-looking statements"
relating to the business of the Company and its subsidiary and
affiliated companies and certain potential transactions that they
may enter into. These forward looking statements are often
identified by the use of forward looking terminology such as
"believes," "expects" or similar expressions. Such forward looking
statements involve known and unknown risks and uncertainties that
may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected.
The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on its website, including factors
described in "Risk Factors" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations" in our
Form 10-K for the year ended December 31,
2016 and in our Form 10-Q for the quarter ended September 30, 2017. All forward-looking
statements attributable to the Company or to persons acting on its
behalf are expressly qualified in their entirety by these factors
other than as required under the securities laws. The Company does
not assume a duty to update these forward-looking
statements.
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SOURCE Sharing Economy International, Inc.