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UAE-based Hotdesk’s newest acquisition will open up the path towards a European expansion.
The on-demand office booking platform has acquired its Spanish counterpart YADO, which currently hosts over 100 coworking spaces across Spain.
According to Hotdesk’s cofounder and CEO Mohamed Khaled, the company has long desired to expand globally, and this new acquisition could help them accomplish just that.
“With Dubai as our home base, Hotdesk was always designed to become a global play. The coworking scene and hybrid work adoption in Spain are strong, with a range of young professionals ranging from freelancers to creatives, SMEs to flexible enterprises,” said Khaled.