ClassPass Pushes Into Asia

ClassPass has expanded into several Asian markets, including Singapore, Bangkok, and Hong Kong, following a $90 million Series D financing. The company is focusing on global expansion, adding 50 cities in six new countries. Challenges in China are addressed by employing local talent and assessing market readiness. Fitness trends like boxing and HIIT are rising globally, with yoga prevalent in China. Future growth may involve further fundraising, with an IPO planned to build a generational technology company.

Which cities did ClassPass launch in as part of their global expansion after the Series D financing?

• Tokyo, Seoul, Manila

• Singapore, Bangkok, Hong Kong

• Jakarta, Hanoi, Mumbai

• Beijing, Shanghai, Taipei

What is the primary factor determining ClassPass's success in a new market?

• The presence of international investors

• The maturity of studio fitness

• The popularity of yoga

• The number of local gyms

What are the two global trends in studio fitness mentioned in the transcript?

• Aerobics and Spinning

• Yoga and Pilates

• Boxing and High-Intensity Interval Training

• CrossFit and Zumba

What is the main constraint on ClassPass's geographic expansion?

• Lack of capital

• Shortage of people

• Insufficient technology

• Regulatory challenges

What is ClassPass's long-term goal as mentioned in the transcript?

• To establish a chain of fitness studios

• To build a generational technology company

• To become a leading gym equipment manufacturer

• To dominate the Asian fitness market