HONG KONG -- In late May Ray Chan, founder of social media platform 9GAG, made a surprising announcement: His company was ditching its stylish, 7,000-sq.-foot office in Hong Kong and embracing remote working for good.
The move would save the company some 200,000 Hong Kong dollars ($25,000) in rent every month and, Chan reasoned, the coronavirus pandemic had proved that his employees work just as effectively from home.